What Is the Primary Sources of Funds for Savings Banks

question 120

Multiple Choice

What is the primary sources of funds for savings banks?

• A) Individual savings
• B) Premiums paid on policies
• C) Employee/employer contributions
• D) Other financial institutions

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Definitions:

Total Product

The aggregate amount of goods or services generated by a business given a specific amount of resources.

Diminishing Rate

A principle stating that if one factor of production is increased while others are held constant, the incremental gains in output will eventually decrease.

Long Run

Refers to a period in economics where all factors of production can be adjusted, and all costs are variable, allowing for complete industry adjustment.

Renovate

The process of restoring or improving a building, room, or structure to make it more attractive, functional, or to bring it up to current standards.