The large number of banks in the United States is an indication of
A. vigorous competition within the banking industry.
B. lack of competition within the banking industry.
C. only efficient banks operating within the United States.
D. none of the above.
Answer:B
The large number of banks in the United States is an indication of
A. vigorous competition within the banking industry. B. lack of competition within the banking industry. C. only efficient banks operating within the United States. D. none of the above.