A A - is a depository institution that accepts savings deposits and makes mostly home-purchase loans. is a depository institution owned by a social or economic group such as a firm's employees that accepts savings deposits and makes mostly personal loans OA. credit union; savings and loan association OB. savings and loan association; credit union OC. credit union, savings bank OD. savings bank, credit union
A A - is a depository institution that accepts savings deposits and makes mostly home-purchase loans. is a depository institution owned by a social or economic group such as a firm's employees that accepts savings deposits and makes mostly personal loans OA. credit union; savings and loan association OB. savings and loan association; credit union OC. credit union, savings bank OD. savings bank, credit union
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Give typing answer with explanation and conclusion
![A
A
-
is a depository institution that accepts savings deposits and makes mostly home-purchase loans.
is a depository institution owned by a social or economic group such as a firm's employees that accepts savings deposits and makes mostly personal loans.
OA. credit union; savings and loan association
OB. savings and loan association; credit union
OC. credit union; savings bank
OD. savings bank; credit union](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F341d5fde-2c78-4473-9f81-8f68664e764f%2F91a22de6-eeb8-449d-bbf7-6e6089897531%2Fsjsqzof_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A
A
-
is a depository institution that accepts savings deposits and makes mostly home-purchase loans.
is a depository institution owned by a social or economic group such as a firm's employees that accepts savings deposits and makes mostly personal loans.
OA. credit union; savings and loan association
OB. savings and loan association; credit union
OC. credit union; savings bank
OD. savings bank; credit union
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