Which of the following statements is true of banks?
A)Small banks do not face the same competitive pressure as large banks do.
B)Location of banks does not determine the level of competition among them.
C)Bank spreads are large for large banks.
D)Returns on equity are large for small banks.

Question

Quizplus · Accepted Answer

Small banks often face more competition from non-bank financial institutions than large banks do.

Which of the Following Statements Is True of Banks