The Difference Between What a Bank Pays in Interest and What

question 44

Multiple Choice

The difference between what a bank pays in interest and what it receives in interest is called

• A)profit.
• B)spread.
• C) gross interest income.
• D) loss.

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Definitions:

Demographic Characteristics

Attributes of populations, such as age, race, gender, income, and education level, used for statistical analyses and marketing strategies.

Social Forces

The demographic characteristics of the population and its culture.

Culture

encompasses the social behavior, norms, knowledge, beliefs, arts, laws, customs, capabilities, and habits of the members of a society.

Tariffs

Government levies on goods that are imported or exported.