Which of the Following Statements Is True

question 23

Multiple Choice

Which of the following statements is true?

• A) Interest margins earned by banks bear no relation to the true cost of banking services.
• B) Deregulation has seen a widening of bank interest margins in Australia.
• C) Bank interest margins are set to precisely match the cost of satisfying reserve requirements.
• D) Part of the costs covered by bank interest margins arises from the transactions carried out on deposit accounts.

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