Question 7
Which of the following are examples of "depository institutions"
in the United States? This is a multiple
answer question; more than one response below may be correct.
| A. |
Savings and Loan associations |
|
| B. |
Insurance companies |
|
| C. |
Money Market Mutual Funds |
|
| D. |
Commercial bank |
|
| E. |
Brokerage firms |
HI
Depository institutions are institutions which can legally accept deposits from consumers and also lend to the borrowers.
Out of the options "Saving an loan associations" and "Commercial Banks" are correct example of that.
Thanks
Question 7 Which of the following are examples of "depository institutions" in the United States? This...