The rise in bank failures in the late 1980s and early 1990s occurred
a. at Federally-charted banks only.
b. because Congress repealed many of the provisions of deposit insurance regulation.
c. at state-chartered banks, which are less closely regulated than other banks.
d. because the Federal Reserve began to monitor banks less often.
e. because they were insured by the Federal Deposit Insurance Corporation instead of state agencies.
C
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The CPI in 1970 was 38.8 and in 1998 the CPI was 163.0. If the real value of a 1970 gallon of milk in terms of 1998 dollars is $0.70, what was the nominal price of milk in 1970?
What will be an ideal response?
A recent accounting graduate from a major business school is searching for a place to begin his career as an accountant. This individual is
A) structurally unemployed. B) seasonally unemployed. C) cyclically unemployed. D) frictionally unemployed.