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Depository institutions formed to encourage household saving and make home mortgage loans are:
AThrift institutions
BThrift inspections
CThrift instructions
DThrift installations
Answer & Solution
Correct answer: A. Thrift institutions
1. Their focus is household saving.
2. Home loans are their main lending.
3. They are thrift institutions.
_Source: OpenStax Introduction to Business, Chapter 15, Understanding Money and Financial Institutions._
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