Savings Institutions Obtain Most of Their Funds from

question 28

Multiple Choice

Savings institutions obtain most of their funds from

• A)savings and time deposits.
• B)loans.
• C)mortgages.
• D)repurchase agreements.

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Definitions:

Interest Rate

The percentage at which interest is paid by a borrower for the use of money that they borrow from a lender.

Lower Inflation

A decrease in the rate at which the general level of prices for goods and services is rising.

Efficient Markets

A theory suggesting that all available information is already reflected in the prices of stocks and other securities, making it impossible to consistently achieve higher returns than the overall market.

Informed Citizen

An individual who is knowledgeable about societal, political, and economic issues, enabling them to participate effectively in public life.