All of the Following Have Contributed to the Problems of U.S.depository

question 153

Multiple Choice

All of the following have contributed to the problems of U.S.depository institutions during the last 20 years except one.Which is the exception?

• A)Interest rates rose during the 1970s.
• B)Interest rate ceilings limited the ability of depository institutions to compete with other financial institutions.
• C)Brokerage houses began offering money market mutual funds.
• D)The loans made by thrift institutions tended to be short-term loans.
• E)Many savers withdrew deposits from thrift institutions.

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