Multiple Choice
The deregulation of U.S.banking in the 1980s led to:
A) increased profits at all banks.
B) no change in banks' conduct.
C) more bank failures than in the 1930s.
D) the insolvency and collapse of many banks as they began to hold riskier assets.
E) the end of FDIC insurance for banks that held risky assets.
Correct Answer:
Verified
Correct Answer:
Verified
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