Savings and Loans' Difficulties Began in the 1970s, When Inflation

question 442

Multiple Choice

Savings and loans' difficulties began in the 1970s, when inflation _____ and interest rates _____.

• A)increased; increased
• B)increased; decreased
• C)decreased; increased
• D)decreased; decreased

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Definitions:

Being Proactive

Taking initiative by acting in advance of a future situation, rather than just reacting, to achieve positive outcomes.

Monitoring

The continuous and systematic process of tracking, analyzing, and responding to information or trends related to a specific topic, organization, or project.

Reacting

The process of responding or adjusting to stimuli, events, or actions, often implying a spontaneous or immediate response without prior planning.

Crisis Phase

A critical period during which decisive action is required to manage and resolve a threatening situation to an organization or society.