Millennials Should Shop Around for Banks Banks are in business to make money for their shareholders, not to put the interests of customers first. This key fact should not be overlooked. Banks sell financial services and compete hard for business. They want to be seen as the friend of students and offer no-cost accounts. But banks are not equal. By shopping around, you can get the deal thať's best for you. Source: The Globe and Mail, September 19, 2016 Why would banks want to be seen as friends of students and offer student accounts with no charges? Banks want to be seen as friends of students and offer student accounts with no charges O A. to maximize profit O B. because it is good public relations OC. to increase liquidity O D. because they care about the future generation

Principles of Macroeconomics (MindTap Course List)
7th Edition
ISBN:9781285165912
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter16: The Monetary System
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Millennials Should Shop Around for Banks
Banks are in business to make money for their shareholders, not to put the interests of customers first.
This key fact should not be overlooked. Banks sell financial services and compete hard for business. They
want to be seen as the friend of students and offer no-cost accounts. But banks are not equal. By
shopping around, you can get the deal thať's best for you.
Source: The Globe and Mail, September 19, 2016
Why would banks want to be seen as friends of students and offer student accounts with no charges?
Banks want to be seen as friends of students and offer student accounts with no charges
O A. to maximize profit
O B. because it is good public relations
OC. to increase liquidity
O D. because they care about the future generation
Transcribed Image Text:Millennials Should Shop Around for Banks Banks are in business to make money for their shareholders, not to put the interests of customers first. This key fact should not be overlooked. Banks sell financial services and compete hard for business. They want to be seen as the friend of students and offer no-cost accounts. But banks are not equal. By shopping around, you can get the deal thať's best for you. Source: The Globe and Mail, September 19, 2016 Why would banks want to be seen as friends of students and offer student accounts with no charges? Banks want to be seen as friends of students and offer student accounts with no charges O A. to maximize profit O B. because it is good public relations OC. to increase liquidity O D. because they care about the future generation
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