An Argument That Comes Up from Time to Time Is

question 59

Essay

An argument that comes up from time to time is that credit unions have an advantage over other financial depository institutions in the sense that they are non-profit institutions and, therefore, are exempt from taxes on income that other private depository institutions pay. As a result, credit unions may be able to charge lower rates of interest to borrowers and pay a higher rate to depositors than these other institutions. What do you think of this argument?

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Definitions:

Calorie Intake

The total number of calories consumed through eating and drinking in a given period.

Anorexia Nervosa

A severe mental health disorder characterized by an intense fear of weight gain and a distorted body image, leading individuals to eat very little and see themselves as overweight.

DSM-5

The fifth edition of the Diagnostic and Statistical Manual of Mental Disorders, a comprehensive classification of mental disorders published by the American Psychiatric Association.

Anorexia Nervosa

A psychological disorder involving an obsessive desire to lose weight by refusing to eat and a distorted body image.