Which of the following statements is true?
A)During the 1980s,better bank management resulted in the most stable U.S.banking system since the Great Depression.
B)During the 1980s,more U.S.banks failed than in any period since the Great Depression.
C)During the 1980s,U.S.banks became more conservative in the type of assets they held.
D)During the 1980s,economic conditions contributed to the stability of U.S.banks.
E)During the 1980s,there were no U.S.bank failures for the first time in U.S.history.

Question

Quizplus · Accepted Answer

During the 1980s, the U.S. experienced a significant number of bank failures, more than in any period since the Great Depression, largely due to deregulation, risky lending practices, and an economic downturn.

Which of the Following Statements Is True