Which of the Following Is Not a Depository Institution

question 29

Multiple Choice

Which of the following is not a depository institution?

• A) Commercial bank
• B) Securities firm
• C) Savings institution
• D) Credit union

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Definitions:

Availability Heuristic

A cognitive bias that causes people to overestimate the likelihood of events based on their availability in memory, making them seem more common or frequent than they are.

Additive Strategy

An approach in problem-solving where multiple solutions are added together to form the final answer or solve a complex issue.

Framing

The way information is presented to the audience, which can influence decision-making and perceptions by highlighting certain aspects while downplaying others.

Gut Feelings

Intuitive judgments and responses that one cannot articulately rationalize, often based on experience.