All of the following are depository institutions, except:
A) Commercial banks
B) Credit unions
C) Insurance companies
D) Savings banks
Correct Answer:
Verified
Q85: Countries that lack well-defined property laws and
Q86: Financial intermediaries include each of the following,
Q87: Nondepository institutions:
A)Do not serve as intermediaries
B)Only serve
Q88: Money markets are where trades occur for:
A)Stocks
B)Bonds
Q89: Debt instruments that have maturities less than
Q91: Derivative markets exist to allow for:
A)Reduced risk
Q92: Stacy needs $5,000 to help with her
Q93: Non-depository institutions would include all of the
Q94: Financial institutions:
A)Raise the level of transaction costs
Q95: Small savers would rather use financial institutions
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