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The results of Rosenhan's classic study illustrate that:
Private Banks
Financial institutions that are owned by private individuals or corporations instead of being owned by the government, offering banking services to individuals and businesses.
Depositors
Individuals or entities that hold accounts with banks or financial institutions, entrusting their funds for safekeeping and earning interest.
Money Market Mutual Fund Account
An investment account that pools money from individuals to invest in short-term, high-quality securities, often offering liquidity and low risk.
Interest-Earning Assets
Financial assets that generate income over time through the payment of interest, such as bonds, savings accounts, and certificates of deposit.
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