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Credit Unions

Question 38

Multiple Choice

Credit unions:


A) Face growing demand for their traditional products, especially automobile loans
B) Have become more popular as the population in the U.S. has aged
C) Have had to offer nontraditional loans, such as home equity loans, to compensate for the declining demand for automobile loans
D) Have become less competitive since passage of banking legislation in the 1980s
E) None of the above

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