Question: Select the statement that is NOT true: A bank incurs only one form of expenses: interest expenses on deposits Higher deposit rates, attract more savers,
Select the statement that is NOT true:
A bank incurs only one form of expenses: interest expenses on deposits
Higher deposit rates, attract more savers, ceteris peribus
A bank earns two forms of income from its assets: interest income and noninterest income
Higher loan rates attract fewer borrowers, ceteris paribus
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