Which of the following statements about depository institutions in the U. S. are correct?
Check all that apply.
A. The customers of commercial banks are primarily looking to finance major consumer purchases.
B. The public does not have direct access to depository institutions.
C. Most deposits at commercial banks are federally insured.
D. Depository institutions include banks, savings and loan associations, and credit unions.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following statements about depository institutions in the U. S. are correct? Check all that apply. A. The customers of ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A single-step income statement: Is not permitted when financial statements are prepared in accordance with generally accepted accounting principles. Reports the same amount of net income as that reported on a multiple-step income statement.
Answers (1)
Succession planning is: a. Planning a career path in an organization b. Celebration of an organization's success c. Not important anymore d. An approach to replace managers who retire or move up e. None of these are correct.
Answers (1)
Assume that jelly beans and chocolate bars are substitute goods. If the price of jelly beans increases, what will happen to the demand for chocolate bars?
Answers (1)
What will happen to the equilibrium quantity and equilibrium price of potatoes if the income of potato consumers increases (assume that potatoes are an inferior good) and a new higher-yielding variety of potato plant is developed
Answers (1)
You are asked to lead a team that needs to develop many creative solutions for the company's manufacturing problems. what type of leadership style is best for this team?
Answers (1)
New Questions in Business
Which of the following is a strategy that you can use to protect yourself from the risks involved in owning a home? Pay PMI. Buy a product warranty. Purchase homeowner's insurance. Take advantage of the Truth in Lending Act.
Answers (1)
Sunset Foods relies on a highly centralized functional structure to ensure consistency in the quality and taste of its products and to drive down costs via process innovations.
Answers (1)
Ignoring issues of the statute of frauds, is there a contract for the sale of vinny's celica?
Answers (1)
The management of Retz Corporation is considering the purchase of a new machine costing $500,000. The company's desired rate of return is 10%. The present value factors for $1 at compound interest of 10% for 1 through 5 years are 0.909, 0.826, 0.
Answers (1)
Jane and Ed Rochester are married with a 2-year-old child, who lives with them and whom they support financially.
Answers (1)