One of the Problems Experienced by the Savings and Loan

question 40

Multiple Choice

One of the problems experienced by the savings and loan industry during the 1980s was

• A)managers lack of expertise to manage risk in new lines of business.
• B)heavy regulations in the new areas open to S&Ls.
• C)slow growth in lending.
• D)close monitoring by the FSLIC.

---

Definitions:

Abstract Thinking

Abstract thinking is the ability to consider concepts, understand complex ideas, and apply problem-solving strategies beyond the concrete and immediate.

Cognitive Development

refers to the processes by which thinking evolves, including acquiring, processing, and storing knowledge and information.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or otherwise sensed, typically developed in infancy.

Conservation

The principle that certain properties, like volume, mass, and number, remain the same despite changes in the forms of objects, in cognitive development.