Answers FL-2106010-MJ Civics B Private Financial InstitutionsQuestion 5

5

QuizMultiple Choice

Private Financial Institutions

Question 5 • FL-2106010-M/J Civics B

Each of the following was a reason for the financial collapse of many savings and loans during the 1980s and 1990s EXCEPT:

Answer

A

loan defaults

B

high interest rates

C

management fraud

D

lax government regulations

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