A Financial Institution That Accepts Deposits, Makes Loans, and Offers

question 119

Multiple Choice

A financial institution that accepts deposits, makes loans, and offers checking accounts is

• A) an insurance company.
• B) the Federal Deposit Insurance Corporation.
• C) the Federal Reserve System.
• D) a commercial bank.

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Definitions:

Novel Ideas

Original or innovative thoughts or concepts that have not been previously considered or explored.

Unique Ideas

Concepts, perspectives, or solutions that are original and distinct from previously known ideas.

Naturalistic

Pertaining to observing and studying behavior in its natural environment without intervention or manipulation.

Multiple Intelligences

A theory proposed by Howard Gardner suggesting that intelligence is not a single, fixed attribute but rather a variety of distinct types of intelligences.