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Each of the following was a reason for the financial collapse of many savings and loans during the 1980s and 1990s EXCEPT:

A.
loan defaults
B.
high interest rates
C.
management fraud
D.
lax government regulations

2 Answers

1 vote

Answer:

b. high interest rates

Step-by-step explanation:

User Dog
by
4.3k points
3 votes

Answer:

b. high interest rates

Explanation: I hope that helps