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Financial Institutions

Authored by Hal Ott

Social Studies

10th Grade

Used 660+ times

Financial Institutions
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13 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which is the best description of a 'money market'

Those people and organisations who want money and the people and organisations who are willing and able to supply money.

Any place where buyers and sellers come together.

The exchanges made in an economy for goods and services.

A financial institution where investors can make deposits.

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Payment made for the use of borrowed money is called

Financial Institution
Creditors
Interest
Secured

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who pays interest on a loan

a lender
 a borrower
a credit union
a creditor

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Banks provide which of the following EXCEPT

debit cards

loans

check writing services

government subsidies

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A credit union...

is a financial institution that focuses on taking deposits and using them to fund mortgages.
is a non-profit institution owned by its members and provides financial services to its members.
offers a broad range of deposit account and gives loans to individuals and businesses. 
is a financial institution for students only

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Piece of ownership in a company, mutual fund or other investment

Share/stock

401K

Bond

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Persons or institutions to whom money is owed

Financial Institutions
Interest
Creditors
Collateral

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