Although S&Ls had a comparative disadvantage in originating mortgage loans, they lacked the expertise to make commercial and corporate loans.
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Q24: The maximum interest rate that is permitted
Q25: Time deposits, also called certificates of deposit,
Q26: The market where banks can borrow or
Q27: By interest rate risk, we refer to
Q28: In comparing savings banks and S&Ls, which
Q30: Since 1970, the shares of all federally
Q31: A depository institution can accommodate withdrawal and
Q32: After 1981, the bulk of the liabilities
Q33: Selling securities that it owns, requires that
Q34: Demand deposits pay interest, typically below market
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