Depository Banks

question 8

Multiple Choice

Depository banks:

• A)buy short-term securities from investors, change their maturity, and sell them as long-term securities to other investors.
• B)buy long-term securities from investors, change their maturity, and sell them as short-term securities to other investors.
• C)accept short-term deposits from depositors and use them to make long-term loans.
• D)accept long-term deposits from depositors and use them to make short-term loans.

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