In the 1980s,thrift Institutions,which Had Been Almost Entirely Restricted to Making

question 87

Multiple Choice

In the 1980s,thrift institutions,which had been almost entirely restricted to making loans for home mortgages only,were allowed by regulators to

• A) finance acquisitions in commercial real estate.
• B) extend consumer loans.
• C) purchase junk bonds.
• D) do all of the above.
• E) do only A and B of the above.

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Definitions:

Abnormality

In psychology, a deviation from the average or norm that is deemed significant enough to cause dysfunction or distress.

Cones

Photoreceptor cells in the retina of the eye responsible for color vision and function best in relatively bright light, as opposed to rods, which are more sensitive in dim light.

Hair Cells

Sensory receptors located in the inner ear that convert sound vibrations into electrical signals that the brain can interpret.

Basilar Membrane

A key structure in the cochlea of the inner ear, it plays a critical role in the sense of hearing by allowing for the translation of sound waves into nerve impulses.