For S&Ls in the early 1980s the __________ cost of short-term deposits turned their net interest margin __________.

Name: For S&Ls in the early 1980s the __________ cost of short-term deposits turned their net interest margin __________.
Brand: Quizplus
Rating: 4.8 (51 reviews)

Question

Quizplus · Accepted Answer

In the early 1980s, Savings and Loans (S&Ls) faced increasing costs of short-term deposits due to high interest rates, which turned their net interest margin negative as they were paying more for deposits than they were earning from their long-term loans.

For S&Ls in the Early 1980s the __________ Cost of Short-Term