Multiple Choice
Because credit unions' sources and uses of funds are generally interest rate ____, movements in interest revenues and interest expenses of credit unions are ____.
A) sensitive; negatively correlated
B) insensitive; highly correlated
C) sensitive; uncorrelated
D) sensitive; highly correlated
E) insensitive; uncorrelated
Correct Answer:
Verified
Correct Answer:
Verified
Q27: _ is (are)not a main source of
Q28: Savings institutions obtain most of their funds
Q29: Which of the following are NOT an
Q30: Which of the following was NOT a
Q31: The risk that a credit union will
Q33: _ savings institutions hold the most assets
Q34: Because credit unions do not issue stock,
Q35: Most mortgages originated by savings institutions are
Q36: Interest-paying checkable accounts offered by credit unions
Q37: Because credit unions are for-profit organizations, their