Consider two countries with the following characteristics. Country Z has no restrictions on bank branching and banks in Country Z are permitted to offer investment and insurance products along with traditional banking services. In Country Y, there are strict limits on branch banking and on the geographical spread of a bank's business. In addition, banks in Country Y are not permitted to offer investment or insurance services. a. In which country do you think the banking system is more concentrated? O Country Z O Country Y b. In which country do you think the banking system is more competitive? O Country Z Country Y c. In which country do you think, everything else being equal, banking products are cheaper? Country Z O Country Y