Credit Unions Were Generally Less Affected Than Other Depository Institutions

question 74

Multiple Choice

Credit unions were generally less affected than other depository institutions by the recent financial crisis because:

• A)they hold more government securities, on average
• B)they hold less government securities, on average
• C)they had a focus on high-quality domestic assets
• D)they had a focus on domestic deposits and more assets in residential mortgages

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