When the federal government deregulated the savings and loan industry,
a. nearly one third of all savings and loans failed by 1987
b. interest rates on loans made by savings and loans decreased
c. profits of the savings and loans increased
d. the FSLIC stopped insuring deposits
e. the savings and loans restricted their loans to fairly riskless loans like home mortgages
A
Economics
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If there is an increase in the amount of currency held outside banks, then the
A) quantity of money and the monetary base will decrease. B) monetary base will decrease. C) quantity of money will increase. D) quantity of money will not change. E) quantity of money will decrease.
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The adverse selection problem is least likely in which of the following occupations?
a. lawyer b. barber c. college professor d. marketing analyst e. manager
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