Which of the following statements is true?
A) During the 1960s and 1970s, the growth of building societies ensured an increasing supply of funds for housing loans at reasonable rates.
B) During the 1960s and 1970s, the credit union expansion ensured the availability of relatively low cost unsecured and secured personal loans.
C) During the 1960s and 1970s, regulatory constraints meant that banks could not in general satisfy the demand for consumer credit.
D) All of the listed options are correct.
Correct Answer:
Verified
Q16: Which of the following statements is true?
A)Credit
Q17: Authorised depository institutions include:
A)banks, building societies, credit
Q18: The difference between Australian major bank margins
Q19: Which of the following is a role
Q20: Which of the following statements is true?
A)An
Q22: Which of the following statements is true?
A)The
Q23: Which of the following statements is true?
A)Australia's
Q24: Costs to average assets ratio is the
Q25: Which of the following statements is true?
A)Deregulation
Q26: The current financial system in Australia consists
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents