Deregulation of deposit accounts resulted in banks moving toward ___________ to more closely reflect the true cost of producing specific products and services.
A) the greater use of explicit pricing
B) the decreased use of explicit pricing
C) the greater use of implicit pricing
D) b and c

Question

Quizplus · Accepted Answer

Deregulation of deposit accounts led banks to adopt more explicit pricing strategies to more accurately represent the actual costs associated with providing specific products and services. This shift allowed banks to charge customers directly for services that were previously subsidized or bundled at no apparent cost, reflecting a more transparent pricing model.

Deregulation of Deposit Accounts Resulted in Banks Moving Toward ___________