After the repeal of Regulation Q, a problem for savings-and-loan associations (S&Ls)was that most of their assets were at __________ interest rates while their deposits were at __________ interest rates.

Question

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After the repeal of Regulation Q, savings-and-loan associations (S&Ls) faced the issue of having most of their assets locked in at low interest rates, while they had to offer high interest rates on deposits to attract and retain depositors in a more competitive market.

After the Repeal of Regulation Q, a Problem for Savings-And-Loan