Thrift institutions importance as a source of funds for borrowers
A)has shrunk from around 40 percent of total credit advanced in the late 1970s to below 30 percent by 2005.
B)has shrunk from over 20 percent of total credit advanced in the late 1970s to below 6 percent by 2005.
C)has expanded dramatically,from around 15 percent of total credit advanced in the late 1970s to above 25 percent by 2005.
D)has expanded dramatically,from around 15 percent of total credit advanced in the late 1970s to above 30 percent by 2005.

Question

Quizplus · Accepted Answer

Thrift institutions' importance as a source of funds for borrowers has decreased significantly over the years. They used to account for over 20% of total credit advanced in the late 1970s, but by 2005, this figure had dropped to below 6%.

Thrift Institutions Importance as a Source of Funds for Borrowers