Which of the following is an example of a bank realizing economies of scope?
A) The bank develops a standard mortgage loan application to make the process of loaning out mortgages easier.
B) The bank reduces costs of credit checking for the loan process by outsourcing the process to a specialist.
C) By using the information collected from a corporation, the bank can decide how easy it would be to sell bonds issued by the corporation to the public.
D) A bank in a rural area specializes in providing agricultural loans.
C
Economics
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It will not benefit a seller to provide verifiable information to buyers about the seller's product
Indicate whether the statement is true or false
Economics
If most bankers could do what they wanted, they would probably hold reserves of about
A. 0%. B. 2%. C. 7-8%. D. 10-12%. E. 22-25%.
Economics