Which of the following events did not contribute to the high rate of savings and loan failures in the 1980s and 1990s?
a. The bankruptcy of the FDIC
b. Deregulation of the banking industry that allowed investment houses to compete with banks and S&Ls for depositors
c. The elimination of Regulation Q
d. The entry of S&Ls into riskier loan markets
e. Substantial fraud in lending activities
A
Economics
You might also like to view...
In game theory, the strategy that always yields the highest benefit for the player using it is the
A) dominant strategy. B) cooperative strategy. C) prisoners' strategy. D) matrix strategy.
Economics
If the demand for videotapes tends to be elastic, then a decrease in videotape prices means that people spend more on videotapes than before
Indicate whether the statement is true or false
Economics