1. Types of banksinstitutions that make loans and accept depositsinclude commercial banks, savings institutions, and credit unions....
Question:
1. Types of banks—institutions that make loans and accept deposits—include commercial banks, savings institutions, and credit unions. Finance companies make loans but do not accept deposits. LOP8
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Macroeconomics And The Financial System
ISBN: 9781429253673
1st Edition
Authors: N. Gregory Mankiw, Laurence Ball
Question Posted: