Which of the Following Statements About Depository Institutions Is False

question 119

Multiple Choice

Which of the following statements about depository institutions is false?

• A)They create liquidity by borrowing long and lending short.
• B)They keep reserves to meet cash withdrawals.
• C)A credit union is an example of a depository institution.
• D)They pool, and therefore reduce, risk.
• E)They borrow at lower interest rates and lend at higher rates.

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Definitions:

Amacrine Cells

Neurons found in the retina that operate at the inner synaptic layer and play a critical role in the regulation of visual signal processing and the integration of visual information.

Horizontal Cells

Neurons located in the retina that help integrate and regulate the input from multiple photoreceptor cells, playing a key role in visual processing.

Ganglion Cells

Neurons located in the retina that process visual information and send it to the brain.

Optic Nerve

The cranial nerve that transmits visual information from the retina to the brain.