Originally, Savings and Loan Associations

question 275

Multiple Choice

Originally, savings and loan associations

• A) offered brokerage services to small investors.
• B) promoted consumer thrift and home ownership.
• C) acted as a fiscal agent for the federal government, and issued and redeemed U.S. savings bonds.
• D) handled the overflow of business from national and state banks.

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Definitions:

Negative Incentives

Penalties or undesirable outcomes that are used to discourage certain behaviors or decisions.

Latent Learning

Learning that occurs without any obvious reinforcement at the time but that is apparent in a later situation.

Drive Reduction

A theory in psychology that explains behavior as driven by the need to reduce internal tensions caused by unmet biological needs.

Incentives Necessary

The concept that motivation or behavior is influenced by a reward or incentive.