How Can Interest Expense of an FI Be Reduced by Improved

question 82

Multiple Choice

How can interest expense of an FI be reduced by improved technological efficiency?

• A)By improving the efficiency of management of information flows.
• B)By obtaining access to low cost sources of funds.
• C)By linking services to the quality of the FI's technology.
• D)By innovating new interest earning products.
• E)By complying with all government regulations.

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Definitions:

Rank

A measure of the relative position of an element within a set, often referred to in contexts like matrices or competitions.

Voters

Individuals who have the right to vote in an election, playing a crucial role in democratic processes by selecting leaders and deciding on legislative matters.

Candidates

Individuals who offer themselves for a role, position, or job, often through a selection or election process.

Utility Function

A mathematical representation of how consumers rank different bundles of goods according to their level of satisfaction.