One Factor Contributing to the Decline in Cost Advantages That

question 108

Multiple Choice

One factor contributing to the decline in cost advantages that banks once had is the

• A)decline in the importance of checkable deposits from over 60 percent of banks' liabilities to 11 percent today.
• B)decline in the importance of savings deposits from over 60 percent of banks' liabilities to under 15 percent today.
• C)decline in the importance of checkable deposits from over 40 percent of banks' liabilities to 15 percent today.
• D)decline in the importance of savings deposits from over 40 percent of banks' liabilities to under 20 percent today.

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Definitions:

Prestige

The level of respect, admiration, or esteem that a person, organization, or entity is regarded with, often based on perceived success, achievement, or quality.

Superiority

The state or quality of being superior or better than others, often in skills, performance, or status.

Internal Locus

The belief that one controls their own destiny and outcomes are the result of personal effort and actions.

Control Orientation

An approach or mindset focused on managing or directing the behavior and activities of individuals or groups, often to ensure conformity and achieve specific outcomes.