Multiple Choice
A group of six investors wants to open a new bank.In their application to the Comptroller of the Currency,they discuss that new housing starts in the area are up 19% from a year ago with an additional 25 families moving into the community every month.School enrollment has also increased 14% from the previous year.Which decision factor are the investors discussing for seeking a new charter?
A) The level of economic activity in the community
B) The growth of economic activity in the community
C) The need for a new financial firm
D) The strength and character of the local competition
E) None of the options are correct
Correct Answer:
Verified
Correct Answer:
Verified
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