In the early 1980s, many savings-and-loan associations pretended to be solvent by
A) valuing their assets on a historical cost basis.
B) underreporting the amount of their liabilities.
C) including the impact of high interest rates on the value of their assets.
D) counting "goodwill" as an asset.
A
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Which of the following goods is least likely to be provided by the private sector?
a. a good characterized by nonrivalry in consumption from which nonpaying customers can be excluded b. a good characterized by nonrivalry in consumption from which paying customers cannot be excluded c. a good characterized by rivalry in consumption from which nonpaying customers can be excluded d. a good for which the marginal private benefit to an individual exceeds the marginal cost of producing the good
If the supply of loanable funds curve shifts right, then the equilibrium
a. interest rate and level of net capital outflows rise. b. interest rate rises and the equilibrium level of net capital outflow falls. c. interest rate falls and the equilibrium level of net capital outflow rises. d. interest rate and level of net capital outflows fall.