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4 August, 07:45

What was one cause of the Savings and Loan crisis in the 1980s?

A. not enough gold to back loans

B. losses from risky loans

C. too much regulation

D. defaults on sub-prime mortgages

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  1. 4 August, 07:54
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    High interest rates, the deregulation of the banking industry, and bad loans were the causes of the Savings and Loan crisis in the 1980s. I would choose B.
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