If a Particular Bank Regularly Announces Changes in Its Interest

question 133

Multiple Choice

If a particular bank regularly announces changes in its interest rate schedules before its competitors, who then set rates very close to those announced by that bank, this could be described as

• A) markup pricing.
• B) predatory pricing.
• C) price leadership.
• D) explicit price collusion.

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Definitions:

Never Satisfied

A psychological state or trait characterized by an insatiable desire for more, whether it be material possessions, achievements, or experiences.

Punish

To impose a penalty or sanction on someone as a consequence of their actions.

Good Grades

Academic achievement indicated by high marks in schooling or other educational contexts.

Vocational Training

Education and training designed to equip individuals with specific skills and knowledge required for a particular job or occupation.