All of the following are financial institutions that accept deposits and make loans to people and businesses EXCEPT
A) central banks.
B) savings and loans.
C) savings banks.
D) commercial banks.
E) credit unions.
A
Economics
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Distinguish between fixed and flexible exchange rate systems
What will be an ideal response?
Economics
If a country chooses to have a monetary policy oriented toward domestic goals and a fixed exchange rate, then
A) it can have the freedom of international capital movements. B) it cannot have the freedom of international capital movements. C) it cannot balance its current account. D) it cannot have fiscal policy oriented toward domestic goals. E) it cannot control money supply growth.
Economics