Disintermediation Occurred in the S&L Industry

question 21

Multiple Choice

Disintermediation occurred in the S&L industry

• A)when funds were transferred from commercial paper markets into S&L deposits.
• B)when funds were withdrawn from S&Ls and reinvested directly in the open market.
• C)because the Fed raised Regulation Q ceilings.
• D)because sharply falling interest rates led depositors to abandon the low returns paid on S&L deposits.

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Definitions:

Promotions

The advancement of an employee to a higher-ranked position with greater responsibility, usually accompanied by an increase in salary.

Organization Responsibility

The obligations and duties an organization has towards its stakeholders, including ethical conduct, legal compliance, and social accountability.

Mission Policies

Statements or guidelines reflecting an organization's core purpose and directing its strategy and operations.

Employee Self-Assessment

A process whereby employees rate their own job performance and behavior.