Question: Choose the correct statement about financial institutions. Question content area bottom Part 1 A . Banks accept deposits and use the funds to buy government

Choose the correct statement about financial institutions.
Question content area bottom
Part 1
A.
Banks accept deposits and use the funds to buy government bonds and other securities and to make loans.
B.
Credit unions and caisses populaires are small in number but large in size.
C.
Trust and loan companies are owned and controlled by their depositors and borrowers.
D.
Pension funds are not financial institutions.

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