Higher levels of savings deposits are usually found in those bank branch office locations where there is a higher proportion of residents with above-average age and residents who own their own homes.

Question

Quizplus · Accepted Answer

This statement is generally true. Older individuals tend to have more savings, and homeownership is typically associated with higher levels of financial stability and savings. Therefore, areas with a higher proportion of older residents and homeowners are likely to have higher levels of savings deposits in their bank branch offices.

Higher Levels of Savings Deposits Are Usually Found in Those