Credit unions differ from savings institutions in that they use a ____ proportion of their funds for mortgages and are ____ institutions.
A) smaller; non-profit
B) larger; non-profit
C) smaller; for-profit
D) larger; for-profit
Correct Answer:
Verified
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Q28: The majority of maturities on consumer loans
Q30: Credit unions use the majority of their
Q40: Savings institutions commonly _ to reduce their
Q44: Because savings institutions commonly use long-term liabilities
Q48: Today, credit unions are regulated as to
Q49: Because credit unions' sources and uses of
Q52: In general, savings institutions are larger than
Q56: According to your text, about _ percent
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