Depository Institutions Include ________

question 95

Multiple Choice

Depository institutions include ________.

• A) banks, mutual funds, and insurance companies
• B) banks, trust and mortgage loan companies, and credit unions
• C) finance companies, mutual funds, and money market funds
• D) pension funds, mutual funds, and banks

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Definitions:

Technological Advance

The progress in technological development that leads to more efficient processes, products, or services.

Productive Capital

Resources such as machinery, tools, and buildings used in production to generate wealth.

MP/P

The ratio of marginal product to price, often used to optimize production levels in economic analysis.

Factor Markets

The venues where services of the factors of production, such as labor, capital, and land, are bought and sold.