Author Question: Thrift institutions encountered serious difficulties in the 1970s because: a. money market mutual ... (Read 57 times)

MGLQZ · **on:** Jun 30, 2018

Thrift institutions encountered serious difficulties in the 1970s because:
a. money market mutual funds became serious competitors for their deposits.
b. the U.S. Treasury deposited larger sums of money than the thrift institutions could effectively manage.
c. the interest rates they had to pay on deposits began to fall.
d. each of the largest banks increased the pressure on the thrifts by building a nationwide network of branch banks.
e. the FDIC increased the reserve requirement for thrifts.

Question 2

Which of the following is true of basic research?
a. Basic research is the search for knowledge that does not aim at answering a specific question.
b. Basic research is research that is not complex since it addresses elementary questions.
c. Basic research is research that seeks to apply scientific discoveries to the development of specific products.
d. Basic research is the search for knowledge to solve a particular problem.
e. Basic research is always funded by the central government of a country.