Which of the Following Partially Explains Why Cash Management Services

question 84

Multiple Choice

Which of the following partially explains why cash management services have not attracted customers in Europe to the degree that they have in the US?

• A)Prevalence of nationwide branching and banking in Europe.
• B)Prevalence of interregional banking restrictions in Europe.
• C)Prohibitive charges imposed for the use of domestic telephone lines in Europe.
• D)Prohibitive charges imposed on such services in Europe.
• E)None of the above.

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Definitions:

Increase Production

A situation where a company or country grows its capability to produce goods or services, often in response to higher demand or improved efficiency.

Marginal Costs

The additional cost incurred from producing one more unit of a good or service.

Aggregate Supply Curve

The aggregate supply curve represents the total output of goods and services that firms in an economy are willing and able to produce at different price levels, holding all else constant.

Output Increases

A rise in the quantity of goods or services produced by an economy or firm over a specific period.