Why would focusing on deposits from the working class make modern savings banks still relatively small?
A) Federal regulations limit the size of these institutions to better serve the poor.
B) The working class served by these institutions typically have a low savings rate.
C) The managers of these institutions tend to be more conservative in investing funds.
D) The FDIC will not insure deposits at a thrift institution.
Correct Answer:
Verified
Q7: Which of the following are two significant
Q8: How did most Savings & Loans begin?
A)Federal
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Q11: Credit unions first began in North America
Q13: Savage's Provident Institution for Savings is known
Q14: The Garn-St. Germain Depository Institutions Act allowed
Q15: Commercial banks and thrifts claim that _
Q16: What was the goal of The Federal
Q17: The thrifts were hurt by growing inflationary
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