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Earnings of the S&L Industry Suffered in the 1980s from Both

Question 45

Multiple Choice

Earnings of the S&L industry suffered in the 1980s from both maturity imbalances and


A) loan losses related to new asset powers granted in 1980.
B) high, sustained interest rates.
C) the high rates paid on NOW accounts.
D) higher yields from consumer credit card loans.

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