According to the Text,the Competitive Equality in Banking Act of 1987

question 10

Multiple Choice

According to the text,the Competitive Equality in Banking Act of 1987

• A) turned the thrift industry around by providing the necessary funds to close the "zombie S&Ls."
• B) lowered the cost of bailing out the S&Ls by quickly closing "zombie S&Ls" before they could cause other thrifts to fail.
• C) failed to provide the funds necessary to close ailing S&Ls, and actually encouraged regulators to continue to pursue regulatory forbearance.
• D) did both A and B of the above.

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Definitions:

Mean Absolute Deviation

A statistical measure that quantifies the average absolute deviation of data points from their mean, used to gauge variability within a dataset.

Forecast Error

The difference between the actual value and the value predicted by a forecasting model.

Mean Absolute Percentage Error

A statistical measure used to calculate the accuracy of a forecasting model, expressed as a percentage of error between observed and predicted values.

Forecasts Characteristics

Features or attributes of predictions about future events, such as demand or market trends, including accuracy, reliability, and timeliness.