Which of the following was not a cause of the Savings and Loan crisis of the 1980s?
(A) The gold standard
(B) High interest rates
(C) The deregulation of the industry
(D) Bad loans
Ans: (A) The gold standard
Economics
You might also like to view...
Fill in the blank. A(n) ________ market requires perfect and complete information among all participants
A) monopolized B) oligopolized C) perfectly competitive D) effective
Economics
What is the total market supply, Qs, for luxury sports cars in the United States if the only three suppliers inverse supply functions are P = -10 + 5Qs1, P = 20 + 5Qs2, P = 5Qs3?
A) P = 10 + 21Qs B) Qs = -2 +P/15 C) Qs = 6 + P/15 D) Qs = -2 + P/15
Economics