Which of the following is true of bank spread?
A. The more vigorous the competition among banks, the smaller will be spread between the interest rates on loans and deposits.
B. The larger the banks that are competing with each other, the larger will be spread between the interest rates on loans and deposits.
C. The spread between the interest rates on loans and deposits will be much narrower in banks in rural areas than the banks in big cities.
D. The lower the number of banks in a city, the smaller will be the spread between the banks' interest rates on loans and deposits.
Answer: A
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