Money Center Banks Differ from Community Banks in All of the Following

question 42

Multiple Choice

Money Center Banks differ from community banks in all of the following ways except:

• A)they are usually much smaller.
• B)they obtain their funds primarily through borrowing and not by deposits.
• C)they are a much smaller percentage of the total number of banks.
• D)they are actively engaged in the money market.

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Definitions:

Life Expectancies

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Birth Rates

The number of live births per thousand people in a population within a given year.

World's Population

The total number of people living on Earth at a given time, continuously changing due to birth rates, death rates, and migration patterns.

Cervical Cap

A small, cup-shaped contraceptive device made of silicone or latex that fits over the cervix to prevent pregnancy by blocking sperm from entering the uterus.