A strong argument can be made that the collapse of the U.S. savings and loan industry began when:
A) The inflation rates in the U.S. began rising rapidly.
B) The volatility of interest rates increased significantly.
C) Fluctuating commodity prices became the norm.
D) The Bretton Woods accord became effective.
E) The Federal Reserve began controlling the market rate of interest.

Question

Quizplus · Accepted Answer

The collapse of the U.S. savings and loan industry is often attributed to the significant increase in the volatility of interest rates, which affected the profitability and stability of these institutions.

A Strong Argument Can Be Made That the Collapse of the U.S