In the early 1980s, rising interest rates caused a tremendous __________ in the value of savings-and-loan __________.

Question

Quizplus · Accepted Answer

When interest rates rose in the early 1980s, there was a significant outflow of funds from savings-and-loan institutions. This outflow was a result of many customers withdrawing their deposits, causing a decline in the value of the assets held by savings-and-loan institutions. Therefore, option D, outflow; assets, is the best choice.

In the Early 1980s, Rising Interest Rates Caused a Tremendous