Which of the Following Financial Intermediaries Had Larger Reserves and Fewer

question 31

Multiple Choice

Which of the following financial intermediaries had larger reserves and fewer losses during the 1980s compared to other financial intermediaries?

• A)credit unions
• B)savings and loans
• C)banks
• D)car dealers

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Definitions:

Fur Coats

Luxurious outer garments made from the fur of animals, often considered a symbol of status and opulence.

Normal Goods

Goods whose demand increases when consumer income rises, and falls when consumer income decreases.

Consumer Incomes

The total amount of income earned by consumers, influencing their spending patterns and demand for goods and services.

Complementary Goods

Goods that are consumed together because the use of one enhances the use of the other, such as computers and software.