The policy of ________ exacerbated ________ problems as savings and loans took on increasingly huge levels of risk on the slim chance of returning to solvency
A) regulatory forbearance; moral hazard
B) regulatory forbearance; adverse hazard
C) regulatory agnosticism; moral hazard
D) regulatory agnosticism; adverse hazard
A
You might also like to view...
The difference between actual reserves and required reserves is
A) net worth. B) excess reserves. C) illegal reserves. D) desired reserves.
Which of the following is not assumed in perfect competition?
a. there are numerous sellers of a product b. all products are identical c. no advertising exists d. all firms are equally efficient in the short run
Which of the following is true?
A) Employment and unemployment are both coincident with the business cycle. B) Employment and unemployment are both procyclical. C) Employment is procyclical and unemployment is coincident with the business cycle. D) Employment is procyclical and unemployment is countercyclical.
The kind of assets banks can hold as reserves are also called the economy's
A) checkable deposits. B) money market funds. C) high-powered money. D) bankers' acceptances.