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Institutions That Accept Deposits from Individuals and Organizations,against Which Depositors

Question 6

Multiple Choice
Institutions that accept deposits from individuals and organizations,against which depositors can write checks on demand for their market transactions and that use these deposits to make loans are called:

Institutions that accept deposits from individuals and organizations,against which depositors can write checks on demand for their market transactions and that use these deposits to make loans are called:


A) depository institutions.
B) financial market institutions.
C) insurance companies.
D) none of the above.

Correct Answer:

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