Which of the Following Is Considered a Depository Institution

question 397

Multiple Choice

Which of the following is considered a depository institution?
I. the U.S. Treasury
II. a commercial bank like Citibank
III. a credit union for federal government employees

• A) I only
• B) I and II
• C) II and III
• D) I, II and III

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Definitions:

Collectivist Country

A country that prioritizes the collective over the individual, often emphasizing community, collaboration, and shared responsibility.

Individualist Country

A society characterized by a cultural orientation that emphasizes personal independence and the self over the group.

Conform

To align one's behavior or beliefs with group norms or expectations, often as a result of real or imagined group pressure.

Conformity Causes

Factors that lead individuals to change their attitudes, beliefs, or behaviors to align with group norms or expectations.