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.
Correct Answer:
Verified
Correct Answer:
Verified
Q20: According to studies, which of the following
Q22: Which of the following implies that small
Q23: A major advantage of EFTPOS is that:<br>A)the
Q24: The term daylight overdraft refers to a
Q27: What are the advantages and disadvantages of
Q28: The most important banking area in which
Q29: The following information is available on the
Q30: How can operating expenses of an FI
Q37: Regulators have proposed that operational risk should
Q55: Technological efficiency focuses exclusively on the cost