A Savings Bank Is a Depository Institution That

question 270

Multiple Choice

A savings bank is a depository institution that

• A) makes mostly personal loans.
• B) makes mostly home-purchase loans.
• C) is owned by a social or economic group.
• D) makes mostly consumer loans.

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Definitions:

Cognitive Consistency

A model of social cognition in which people try to reduce inconsistency among their cognitions, because they find inconsistency unpleasant.

Balance Theory

A psychological theory that suggests individuals strive for a harmonious balance in their relationships and beliefs, avoiding inconsistency among their thoughts.

Triad

In sociology, a group of three people, which provides the simplest unit for studying complex group dynamics.

Cognitive Consistency Theories

A group of attitude theories stressing that people try to maintain internal consistency, order and agreement among their various cognitions.