When Many Depository Institutions--Especially Thrifts--Failed in the 1970s and 1980s

Multiple Choice

When many depository institutions--especially thrifts--failed in the 1970s and 1980s,

A) most depositors got their money back
B) most depositors lost everything
C) most of the losses to depositors were paid out of the pockets of the owners of these institutions
D) the U.S.taxpayer,fortunately,avoided bearing any of the financial burden of the losses
E) the entire economy collapsed and the country was plunged into a severe depression