Credit Unions Have Shortened the Duration of Their Loan Portfolios

question 28

True/False

Credit unions have shortened the duration of their loan portfolios by making mortgage loans.

---

Definitions:

Local Villages

Small communities located in rural areas, often characterized by a close-knit society and smaller populations.

Property Rights

The legal rights to use, control, and obtain benefits from a resource, property, or invention.

Elephant Populations

Refers to the total number of elephants living in a particular area or globally, often used in conservation contexts to assess the species' survival prospects.

Tourist Industry

A sector of the economy comprised of businesses and services dedicated to catering to the needs and preferences of travelers.