Which of the Following Statements Is False

question 25

Multiple Choice

Which of the following statements is false?

• A)The long-run implication of economies of scale on the FI sector is that the larger and most cost-efficient FIs will drive out smaller FIs.
• B)A potential long-run implication of economies of scale on the FI sector is an increase in large-firm dominance.
• C)A potential long-run implication of economies of scale on the FI sector is a concentration in financial services production.
• D)A potential long-run implication of economies of scale on the FI sector is a decrease in large-firm dominance.

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Definitions:

Garbled

Information or messages that are confused and unclear, often due to improper transmission or miscommunication.

Aging

The process of becoming older, a physiological process that involves changes in the biological, physical, psychological, and social structure of an individual.

Cerumen

A natural, waxy substance produced by glands in the ear canal that protects the ears by trapping dust and small particles, preventing them from reaching the eardrum.

Health Care Provider

A professional who offers preventative, curative, promotional, or rehabilitative health care services in a systematic way to individuals, families or communities.