Multiple Choice
When nearly half of the S&Ls in the United States had a negative net worth and were thus insolvent by the end of 1982,regulators adopted a policy of ________,which amounted to ________ capital requirements.
A) regulatory forbearance; raising
B) regulatory forbearance; lowering
C) regulatory stringency; raising
D) regulatory stringency; lowering
Correct Answer:
Verified
Correct Answer:
Verified
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