The presence of so many commercial banks in the united, Ask an Expert

Economics

The presence of so many commercial banks in the United States is most likely the result? of:

A. consumers' desire to deal with local banks only

B. asymmetric information problems that give local banks a competitive advantage over larger banks

C. consumer preferences for federally chartered banks

D. previous restrictions on branch banking

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91725480

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