The Day-To-Day Liquidity Needs of Credit Unions Are Met by the ________

question 40

Multiple Choice

The day-to-day liquidity needs of credit unions are met by the ________.

• A) National Credit Union Administration
• B) Federal Reserve System
• C) state central credit unions
• D) Central Liquidity Facility

---

Definitions:

Standard Normal Distribution

A probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean, typically represented with a mean of 0 and a standard deviation of 1.

Probability Density Function

A mathematical expression that represents how likely it is for a random variable to assume a specific value.

Continuous Random Variable

A random variable that can take any value within a given range, including fractions and decimals.

Positive Value

A number greater than zero.