Which of the following functions are performed by depository ...

[misspop]

Which of the following functions are performed by depository institutions?
 
  I. They make long-term loans using short-term deposits, thereby creating liquidity.
  II. They efficiently gather funds from a large base of depositors.
  III. They concentrate risk.
  A) I only
  B) II only
  C) III only
  D) I and II

Question 2

An increase in labor productivity ________ the real wage rate and an increase in population ________ the real wage rate.
 
  A) raises; lowers
  B) raises; raises
  C) lowers; lowers
  D) lowers; raises

[kardosa007]

Answer to Question 1

D

Answer to Question 2

A

[misspop]

Thanks for the timely response, appreciate it

[bdobbins]

TYSM