Urban markets are more responsive to deposit interest rates and fees than rural markets.

Name: Urban markets are more responsive to deposit interest rates and fees than rural markets.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

There is no clear evidence to suggest that rural or urban markets are more responsive to deposit interest rates and fees. It can vary based on factors such as the bank's reputation, competition in the area, and overall economic conditions.

Urban Markets Are More Responsive to Deposit Interest Rates and Fees