One Reason Customers Do Not Care About the Quality of Their

question 83

Multiple Choice

One reason customers do not care about the quality of their bank's assets is:

• A) most people cannot distinguish an asset from a liability.
• B) the quality of a bank's assets changes almost daily.
• C) they assume the bank only has high quality assets.
• D) with deposit insurance, there isn't any real reason to care; their deposits are protected even if the bank fails.

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Definitions:

Strike

A work stoppage caused by the mass refusal of employees to work, usually in an attempt to gain better wages or working conditions.

Production Possibilities Frontier

A curve depicting all maximum output possibilities for two or more goods given a set of inputs (resources), assuming all inputs are used efficiently.

Economic Growth

Refers to the increase in the production of economic goods and services, from one period to another, often measured by GDP (Gross Domestic Product).

Technological Advance

The development of new technologies or the improvement of existing technologies to enhance productivity, efficiency, or quality in goods and services.