Generally Speaking,bank deposits
A) average over 100% of GDP and are a larger share of GDP in developed countries than in developing.
B) average less than 100% of GDP and are a larger share of GDP in developed countries than in developing
C) average over 100% of GDP and are a larger share of GDP in developing countries than in developed
D) average less than 100% of GDP and are a larger share of GDP in developing countries than in developed
E) average less than 100% of GDP and are a similar share of GDP in developed countries and developing

Question

Quizplus · Accepted Answer

Bank deposits are a form of financial savings and are typically held in banks or other financial institutions. They are a major source of funding for banks and other financial institutions, and they can be used to provide loans to businesses and individuals. Bank deposits are typically insured by the government, which makes them a relatively safe investment. In developed countries, bank deposits are a larger share of GDP than in developing countries. This is because developed countries have more developed financial systems and a higher level of trust in banks.

Generally Speaking,bank Deposits