1-52 Depository Financial Institutions Include All of the Following EXCEPT

question 80

Multiple Choice

1-52 Depository financial institutions include all of the following EXCEPT

• A)commercial banks.
• B)savings banks
• C)investment banks.
• D)credit unions.
• E)all of the above are depository institutions.

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Definitions:

Marginal Cost

The expenditure required to produce an extra unit of a good or service.

Fixed Cost

A cost that does not change with an increase or decrease in the amount of goods or services produced.

Lawn-mowing

The process of cutting the grass in a lawn to maintain its appearance and health.

Variable Costs

Costs that vary directly with the level of production output, such as materials and labor.