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

question 54

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) prohibitions against onerous regulatory restrictions against S&Ls as mandated in the Competitive Equality in Banking Act.
• D) all of the above.
• E) only A and B of the above.

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Definitions:

Non-Unionized Industries

Sectors of the economy where labor unions do not represent the workforce, often resulting in different labor standards and wages.

Minimum Wage

The lowest hourly, daily, or monthly remuneration that employers may legally pay to workers.

Structural Unemployment

Unemployment caused by changes in the industrial makeup of an economy or technological innovations that render certain job skills obsolete.

Equilibrium Wage

The pay rate where the amount of work offered matches the amount of work required.