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Concurrent validity is concerned with the ability of a diagnostic category to
Thrift Institutions
Savings and loan associations, mutual savings banks, and credit unions, primarily engaged in accepting savings deposits and making mortgage and other loans.
Government Securities
Financial instruments issued by the government to finance its expenditures, promising to pay back with interest.
Excess Reserves
Capital reserves held by banks that surpass the minimum reserve requirements, providing liquidity and stability to the banking system.
Money Supply
The total quantity of monetary assets available in an economy at a specific time, including notes, coins, and balances held in checking and savings accounts.
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