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Which Statement Is False

Question 175

Multiple Choice

Which statement is false?


A) Until the 1980s,S & Ls were legally barred from paying shareholders more than a certain rate of interest.
B) S & Ls were not in financial trouble until the late 1980s.
C) The 1980s was not a very good decade for the S & Ls.
D) Until the 1980s only commercial banks were legally allowed to issue checking accounts.

Correct Answer:

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