During the 1980s, Which of the Following Was NOT a Change

question 23

Multiple Choice

During the 1980s, which of the following was NOT a change in the financial environment that had an inverse impact on U.S.banks and thrifts?

• A)The effects of significant interest rate changes.
• B)The failure of the FSLIC.
• C)The deterioration of real estate prices.
• D)The collapse of the energy industry.
• E)Significant deterioration in the agricultural economy.

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Definitions:

Equilibrium Quantity

The quantity of goods or services supplied and demanded at the equilibrium price, where supply equals demand.

Supply

Supply is the total amount of a specific good or service available to consumers, and it increases or decreases based on the good's price.

Demand

The desire for a particular good or service coupled with the ability and willingness to pay for it.

Substitutes

Goods or services that can be used in place of each other where the presence of one reduces the demand for the other.