That taxpayers were poorly served by thrift regulators in the 1980s is now quite clear. This poor performance cannot be explained by
A) regulators' desire to escape blame for poor performance, leading to a perverse strategy of "regulatory gambling."
B) regulators' incentives to accede to pressures imposed by politicians, who sought to keep regulators from imposing tough regulations on institutions that were major campaign contributors.
C) Congress's dogged determination to protect taxpayers from the unsound banking practices of managers at many of the nation's savings and loans.
D) any of the above.
C
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The end-of-period work sheet is used to facilitate
a. preparing financial statements. b. posting the special journal. c. updating appointment records. d. recording transactions in the general ledger.
In the portfolio matrix, a__________is in a low-growth market, but the product has a dominant market share; it is an SBU that generates more money than it needs to maintain its market share
Fill in the blanks with correct word.
Moral relativism is a belief in time-and-place ethics, that is, that ethical truths depend on the individuals and groups holding them
Indicate whether the statement is true or false a. True b. False
Subaru's Indiana manufacturing plant was the first auto assembly plant in the world to:
A. Use eco-friendly paint B. Use biodegradable bumpers C. Send nothing to the landfill D. Use all American-made parts