That Several Hundred S&Ls Were Not Even Examined Once in the Period

question 55

Multiple Choice

That several hundred S&Ls were not even examined once in the period January 1984 through June 1986 can be explained by

• A)Congress's unwillingness to allocate the necessary funds to thrift regulators.
• B)regulators' reluctance to find the specific problem thrifts that they knew existed.
• C)slower growth in lending meant that less regulation was needed.
• D)Congress's unwillingness to listen to campaign contributors.

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Definitions:

Conventional IRA

Likely meant to be "Traditional IRA," which is an individual retirement account that offers tax-deferred growth and potential tax-deductible contributions.

Excise Tax

A tax on the sale or use of specific products or transactions, often included in the price of goods such as gasoline, alcohol, and tobacco.

Roth IRA

A retirement savings account allowing for tax-free growth and tax-free withdrawals in retirement.

Annuity Payment

An annuity payment is a periodic payment received from an annuity contract, typically used as an income stream during retirement.