Which Is the Most Accurate Statement

question 36

Multiple Choice

Which is the most accurate statement?

• A)The savings and loan debacle did not cost the taxpayers a penny,since all deposits were insured.
• B)Much of the money lost in the savings and loan debacle was due to the risky real estate loans made in the early 1980s.
• C)The savings and loan debacle ended up costing the taxpayers nearly $100 billion.
• D)No one can really be blamed for the savings and loan debacle.

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Definitions:

Productivity

The efficiency at which goods or services are produced, often measured in terms of the output per unit of labor, materials, or time.

Farming Sector

The segment of an economy devoted to the production, processing, and distribution of food, fiber, and other agricultural products.

High Degree

A level of educational attainment higher than a bachelor's degree, often referring to master's, doctoral, or professional degrees.

Autonomy

The capacity and right of individuals or groups to make their own decisions independently, often associated with self-governance and freedom.