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6. Depository institutions are always: a. profitable b. illiquid c. insolvent d. all of the above e. none of the above
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Answer #1

all the given statement are incorrect because depository institutions are not always profitable because there are many banks and credit unions who are not profitable and they are not always illiquid and they are not always insolvent as well.

Correct answer will be option (e) none of the above.

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