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In the 1970s,_____

Question 48

Multiple Choice

In the 1970s,_____.


A) the market interest rate increased above the rate that banks could offer
B) banks and thrifts were able to borrow at low interest rates to support outstanding loans
C) the market interest rate decreased below the rate that banks could offer
D) banks and thrifts were forced to call in outstanding loans
E) banks and thrifts were bailed out by the FDIC

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