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History of the US Banking System
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History of the US Banking System
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17. The Monetary System / History of the US Banking System / Problema 1
Problema 1
How did the high inflation of the 1970s contribute to the savings and loan crisis of the 1980s?
A
High inflation caused savings and loan banks to become more conservative in their investments.
B
High inflation led to deregulation, allowing riskier investments by savings and loan banks.
C
High inflation had no impact on the savings and loan crisis.
D
High inflation resulted in increased government regulation of savings and loan banks.
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