Which of the Following Are a Profit-Oriented Depository Financial Institutions

question 9

Multiple Choice

Which of the following are a profit-oriented depository financial institutions that accept deposits,make business and consumer loans,invest in government and corporate securities,and provide other financial services?

• A) credit unions
• B) thrift institutions
• C) chartered banks
• D) finance companies

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Definitions:

Open Economy

An economy that engages in international exchange of goods, services, and capital.

Foreign Trade

The exchange of goods, services, and capital between countries and territories, influencing the global economy.

GDP

Gross Domestic Product, the total market value of all final goods and services produced within a country in a given period.

Trade Adjustment Assistance

A federal program offering aid to workers who lose their jobs or whose hours and wages are reduced due to the impact of international trade.