Savings Institutions? * a. They bridge the gap between the providers of funds and the demander of funds in the financial system. b. They concentrate more on the residential mortgage loans. c. None of the choices. d. They are sometimes called thrift institutions. e. They are regulated by the
Savings Institutions? * a. They bridge the gap between the providers of funds and the demander of funds in the financial system. b. They concentrate more on the residential mortgage loans. c. None of the choices. d. They are sometimes called thrift institutions. e. They are regulated by the
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Which of the following is NOT TRUE about Savings Institutions? *
a. They bridge the gap between the providers of funds and the demander of funds in the financial system.
b. They concentrate more on the residential mortgage loans.
c. None of the choices.
d. They are sometimes called thrift institutions.
e. They are regulated by the Bangko Sentral ng Pilipinas.
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