Financial Innovation Has Widened the Cost Advantages That Banks Have

question 110

True/False

Financial innovation has widened the cost advantages that banks have in acquiring funds,helping to explain why bank profitability has soared in recent years.

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Definitions:

Depolarization

A decrease in the difference in electrical charge between the inside and outside of a cell's membrane, critical for nerve impulse transmission.

Na+ Ion Channels

Protein channels in cell membranes that allow for the selective passage of sodium ions across the membrane, crucial for generating and transmitting electrical signals.

Permeable

Capable of allowing fluids or gases to pass through it.

K+

Potassium ion, a key electrolyte in the body involved in nerve function, muscle contraction, and fluid balance.