Which of the Following Is a Depository Financial Institution

question 128

Multiple Choice

Which of the following is a depository financial institution?

• A) an insurance company
• B) a pension fund
• C) a finance company
• D) a credit union

Understand the principle of economic efficiency as a criterion for evaluating economic actions.

Analyze the consequences of actions that have greater costs than benefits on society's welfare.

Identify when an economic activity should or should not be undertaken based on its costs and benefits.

Distinguish between different standards (e.g., majority vote, economic efficiency) used to evaluate economic activities.

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Definitions:

Structural Functionalism

A viewpoint in sociology that sees society as an intricate system in which its components cooperate to foster unity and maintain equilibrium.

Societal Functionalism

A theory in sociology that considers society to be a sophisticated system where various elements cooperate to ensure unity and stability.

Dominant Approach

The most widely accepted or practiced method or perspective within a particular field or context.

Tautology

A redundant or repetitive statement in which the conclusion is equivalent to the premise, offering no new information.