Which of the Following Is a Contractual Savings Institution

question 25

Multiple Choice

Which of the following is a contractual savings institution?

• A)a life insurance company
• B)a credit union
• C)a savings and loan association
• D)a mutual fund

---

Definitions:

Price Cheeseburger

The amount of money required to purchase a cheeseburger in a given market or location.

Excess Demand

A situation in a market where the quantity demanded of a good or service surpasses the quantity supplied at the current price.

Quantity Demanded

Quantity demanded is the total amount of a good or service that consumers are willing and able to purchase at a given price in a specified period.

DVD Players

Electronic devices designed to play discs using the Digital Versatile Disc (DVD) format, often used for movies and other digital content.