Generally speaking,bank deposits
A) are a larger share of GDP in developing countries (relative to developed countries) but a smaller share of total financial assets
B) are smaller larger share of GDP in developing countries (relative to developed countries) and a smaller share of total financial assets
C) are a larger share of GDP in developing countries (relative to developed countries) and a larger share of total financial assets
D) are a smaller share of GDP in developing countries (relative to developed countries) but a larger share of total financial assets
E) are a similar share of GDP and financial assets in both developed and developing countries

Question

Quizplus · Accepted Answer

Bank deposits are typically a smaller share of GDP in developing countries compared to developed countries, as these countries tend to have less developed banking systems and financial markets. However, bank deposits may still represent a larger share of total financial assets in developing countries, as there may be fewer alternative investment options available to individuals and businesses.

Generally Speaking,bank Deposits