Savings Institutions, Such as Savings-And-Loan Associations

Multiple Choice

Savings institutions, such as savings-and-loan associations,

A) have traditionally made most of their loans in the form of long-term mortgages.
B) were greatly helped by the increase in market interest rates during the 1970s and 1980s.
C) were spared the difficulties encountered by commercial banks during the 1980s.
D) were not included in the deregulation of the financial system during the 1970s and 1980s.