Which is the most accurate statement?

Question

Quizplus · Accepted Answer

The statement accurately reflects one of the contributing factors to the savings and loan crisis of the 1980s. The low-interest fixed rate mortgages given out in the 1950s and 1960s became very expensive for the S&Ls to carry as inflation and interest rates rose in the 1970s and 1980s, leading to their financial problems. B is incorrect since the number of S&Ls has significantly decreased since the crisis. C is partially true but overlooks the role of the older loans in S&Ls' troubles. D is false because the crisis was largely caused by poor management and insufficient government oversight, not just criminal activity.

Which Is the Most Accurate Statement