Which of the Following Statements About Credit Unions Is True

question 33

Multiple Choice

Which of the following statements about credit unions is true?

• A)Credit union members typically have nothing in common with each other.
• B)The major responsibility of credit unions is to manage investments for their members.
• C)There are fewer than 500 credit unions in the entire United States.
• D)Credit unions are for-profit institutions.
• E)None of the above statements about credit unions is true.

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Definitions:

Already Motivated

Describes individuals or groups who are already driven or inclined to act towards a particular goal or activity without the need for external encouragement.

Maslow

Refers to Abraham Maslow, a psychologist known for creating Maslow's hierarchy of needs, which prioritizes human needs from basic (physiological) to advanced (self-actualization).

Workplace

A location or environment where people are employed and perform tasks related to their occupations.

Ready To Be Motivated

A state of willingness and openness to be inspired or energized towards taking action or pursuing goals.