Get the information you need quickly and easily with IDNLearn.com. Get comprehensive answers to all your questions from our network of experienced experts.

(Last Word) Approximately what percentage of all credit card lending in the United States is accounted for by the top four card-issuing banks?

A. 54%
B. 25%
C. 43%
D. 71%


Sagot :

To determine the percentage of all credit card lending in the United States accounted for by the top four card-issuing banks, let's carefully analyze the options given:

1. 54%
2. 25%
3. 43%
4. 71%

Through a detailed examination of the credit card lending market, we find that the top four card-issuing banks account for 71% of the total lending in the United States.

Thus, the correct answer is:

○ 71.