In Which of the Following Are Most of the Investments

question 50

Multiple Choice

In which of the following are most of the investments insured?

• A) A commercial bank
• B) A check-cashing outlet
• C) A pawnshop
• D) A payday loan facility
• E) A rent-to-own center

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Definitions:

Nonsatiation

The assumption in economics that more of a good or service is always preferred to less, implying that there is no saturation point in consumption.

Prefer

Expressing a choice or inclination towards one option or item over another.

Market Basket

A set of goods and services that are typically consumed by a household or used to track the cost of living or inflation.

Perfect Substitutes

Goods or services that can be used in place of one another with no loss of utility by the consumer.