Depository Institutions Do All the Following EXCEPT

question 239

Multiple Choice

Depository institutions do all the following EXCEPT

• A) minimize the cost of obtaining funds.
• B) create liquidity.
• C) pool risks.
• D) create required reserve ratios.

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Definitions:

Social Agency

An organization or entity that operates with the purpose of providing social services, support, or advocacy to individuals and communities in need.

Survival

The act of continuing to live or exist, often despite hardship or danger.

Shoestring Lobbyist

describes a lobbyist or advocacy effort operating with very limited financial resources, often relying on grassroots methods.

Public Policy

The principles, often unwritten, on which social laws are based, developed and implemented by government bodies to address public issues.