The Main Source of Profit for Financial Institutions Is

question 39

Multiple Choice

The main source of profit for financial institutions is

• A) their ownership of stocks in commercial corporations.
• B) their ownership of real assets received in foreclosures on loans to households.
• C) the fees charged for holding and servicing checking accounts.
• D) the difference between interest paid on deposits and interest received on loans.
• E) the difference between the cost of creating new money and the interest paid on loans.

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Definitions:

Mammal Species

Members of the class Mammalia, warm-blooded vertebrates characterized by the presence of mammary glands, which females use to feed their young.

Evergreens

Trees or shrubs that retain their leaves throughout the year, remaining green and functional across seasons.

Mosses

Small, non-vascular plants that typically grow in dense green clumps or mats, often in damp or shady locations.