Multiple Choice
Financial innovation has caused
A) banks to suffer declines in their cost advantages in acquiring funds,although it has not caused a decline in income advantages.
B) banks to suffer a simultaneous decline of cost and income advantages.
C) banks to suffer declines in their income advantages in acquiring funds,although it has not caused a decline in cost advantages.
D) banks to achieve competitive advantages in both costs and income.
Correct Answer:
Verified
Correct Answer:
Verified
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