CE 12E : Private Financial Institutions

Front

Which type of private financial institution is created for members and is non-profit?

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credit union

Front

How does a financial institution encourage savings? Options: pay interest, give away free prizes, advertisements, provide a safe place to keep your money

Back

pay interest

Front

Private financial institutions act as intermediaries between savers and --?

Back

borrowers

Front

What do financial institutions do with your deposits?

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make loans

Front

What picture best represents financial capital?

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