Savings and loans lost a total of $10 billion in 1981-1982 due to a combination of rising interest rates in 1979-1981 and
A) the recession of 1981-1982 that reduced real estate prices enough to cause significant loan defaults.
B) the regulatory restrictions enacted by Congress in 1981 and 1982.
C) the loss of market share to commercial banks that were allowed to compete directly with thrifts in the real estate market.
D) the acceleration of inflation in 1981-1982 that caused thrifts to lose additional funds to money market mutual funds.
Correct Answer:
Verified
Q6: The government granted thrifts greater powers in
Q7: The policy of regulatory forbearance
A) meant delaying
Q8: When nearly half of the S&Ls in
Q9: In the 1980s,thrift institutions,which had been almost
Q10: Which of the following statements about mutual
Q12: Thrifts suffered problems in the 1970s as
A)
Q13: In the early stages of the banking
Q14: Which of the following reasons explain why
Q15: Which of the following statements concerning the
Q16: Which of the following are reasons that
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