Depository Institutions Do All the Following EXCEPT

question 445

Multiple Choice

Depository institutions do all the following EXCEPT

• A) create required reserve ratios.
• B) minimize the cost of obtaining funds.
• C) create liquidity.
• D) pool risks.

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Definitions:

Ideal Of Pluralism

The belief or doctrine that a society should accommodate and embrace a diversity of cultural, religious, and ethnic backgrounds within its political and social institutions.

Governmental Influence

The extent to which government actions or policies affect the decisions and actions of individuals or organizations.

Compete

To strive against others for the purpose of achieving something, such as a prize or a higher level of achievement, often under conditions of equal footing and rules.

Partnership

A legal form of business operation between two or more individuals who share management and profits.