The Largest Operating Expense for a Bank Is

question 63

Multiple Choice

The largest operating expense for a bank is

• A) salaries and employee benefits.
• B) interest paid on discount loans.
• C) interest paid on federal funds borrowed from other banks.
• D) interest paid on deposits.

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Definitions:

Economic Burden

The financial impact of an event, policy, or situation, particularly in terms of costs incurred or resources expended.

Demographic Transition

A theory describing the transformation of a country's population structure from high birth and death rates to low birth and death rates, often in conjunction with economic development.

Fewer Children

A demographic trend where families are having fewer children than previous generations, often associated with societal changes or advancements.