Which of the Following Is a Major Difference Between Internet

question 104

Multiple Choice

Which of the following is a major difference between Internet banks and traditional banks?

• A) The government does not regulate online banks.
• B) Traditional banks are prohibited from having ATMs.
• C) Online banks have lower overhead costs.
• D) Traditional banks offer less personal care and attention to customers.

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Definitions:

Cohort Effects

Phenomena where the characteristics of a particular group of people born in the same period affect research outcomes due to shared historical and social experiences.

Great Depression

A severe worldwide economic downturn that took place during the 1930s, characterized by widespread unemployment, poverty, and deflation.

Maturity Principle

The idea that traits associated with effective functioning increase with age.

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