This Broad Class of Loans Constitutes the Highest Percentage of Total

question 20

Multiple Choice

This broad class of loans constitutes the highest percentage of total assets for all banks in 2013.

• A)Business loans.
• B)Commercial and residential real estate loans.
• C)Consumer loans.
• D)Credit card debt.
• E)Less developed country loans.

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Definitions:

Civil Society

Civil society refers to the "third sector" of society, separate from government and business, including NGOs, NPOs, and other voluntary groups that serve as a buffer between the individual and the state.

Corporate PACs

Political Action Committees funded and organized by corporations to collect and donate money to political campaigns and candidates.

Republican Party

A major political party in the United States known for its conservative positions on economic and social issues.

Institutionalized Power

Power that is established, maintained, and recognized by societal norms and institutions, often embedded in laws, traditions, and organizational structures.