Which of the Following Explains Why Internet Banks Often Offer

question 70

Multiple Choice

Which of the following explains why Internet banks often offer their customers better interest rates than traditional banks?

• A) Internet banks provide their customers a greater sense of security.
• B) Traditional banks charge lower prices for financial services.
• C) Internet banks have lower overhead costs.
• D) Traditional banks offer the electronic transfer of customer funds.

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Definitions:

Two-Person Single Career

A situation where one partner's career is prioritized, and the other partner contributes support to ensure the success of that career, often sacrificing their own career advancement.

Dual-Career Couple

A partnership where both individuals have careers and work outside the home, often facing challenges balancing work and family life.

Displaced Homeless

Individuals who become homeless due to being displaced from their residence by factors like natural disasters, conflict, or development-induced eviction.

Hidden Homeless

Individuals who do not have stable, permanent housing but are not visibly living on the streets; often staying with friends, in shelters, or in temporary accommodations.