A savings bank is a depository institution that __________.
A) makes mostly consumer loans
B) sells shares which it uses to purchase shares in U.S. Treasury bills
C) is owned by a social or economic group
D) makes mostly home-purchase loans
Correct Answer:
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Q101: Examples of thrift institutions include
A) savings and
Q102: A depository institution is a firm that
Q103: Depository institutions
A) make profit from the spread
Q104: Credit cards are NOT money because they
A)
Q105: Using a credit card can best be
Q107: The major role of a commercial bank
Q108: Which of the following is NOT a
Q109: Sarah buys shares from a financial institution
Q110: Modern U.S. commercial banks perform all of
Q111: Commercial banks do not
A) make loans to
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