Which of the Following Is True of Depository Institutions

question 54

Multiple Choice

Which of the following is true of depository institutions?

• A)Depository institutions seek to maximize profits.
• B)Depository institutions do not seek to maximize profits.
• C)Depository institutions do not make loans.
• D)Depository institutions make loans.
• E)Depository institutions receive funds primarily through customer deposits

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Definitions:

Binet

Alfred Binet was a French psychologist who, along with Theodore Simon, developed the first intelligence test in the early 20th century, known as the Binet-Simon scale.

Phonemes

The smallest unit of sound in a language that can distinguish one word from another.

Linguistic Heuristics

Mental shortcuts or rules of thumb used in language processing and problem-solving based on linguistic information.

Syntax

The set of rules, principles, and processes that govern the structure of sentences in a language, determining word order and arrangement.