A credit crunch refers to a
A) sharp rise in interest rates that banks charge on business loans.
B) sharp rise in interest rates that banks charge on consumer loans.
C) decline in the willingness of households and firms to borrow from banks.
D) reduction in borrowers' ability to obtain credit at prevailing interest rates.
Correct Answer:
Verified
Q41: Negotiable order of withdrawal accounts
A)are available only
Q42: Banks responded to their loss of borrowers
Q43: The Garn-St. Germain Act aided savings institutions
Q44: Which of the following statements concerning money
Q45: When did Regulation Q finally disappear?
A)1934
B)1945
C)1986
D)2000
Q47: In an overnight Eurodollar transaction
A)foreign governments borrow
Q48: The loss of business to the commercial
Q49: Which of the following is NOT true
Q50: Certificates of deposit differ from demand deposits
Q51: During the 1980s banks lost loan business
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