One of the Factors to Consider When a Bank Chooses

question 24

True/False

One of the factors to consider when a bank chooses among the nondeposit funding sources is the relative cost.In general,managers prefer to borrow from the cheapest source of funds,although other factors do play a role.

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Definitions:

Gas Law

A set of laws that describe the behavior of gases in relation to pressure, volume, temperature, and quantity.

Mole

A mole is a unit of measurement used in chemistry to quantify the amount of substance, equivalent to approximately 6.022 x 10^23 particles, atoms, molecules, ions, or electrons.

Gas

One of the four fundamental states of matter with indefinite shape and volume, composed of molecules in constant random motion.

Gas Law

Mathematical relationships that describe the behavior of gases, relating pressure, volume, temperature, and amount of gas.