Question

Which of the following trends in the number and industry assets of savings institutions is/are correct? (I) The number of savings institutions has fallen over time. (II) The number of savings institutions has increased over time. (III) Total industry assets fell during the recession of the late 2000s. (IV) Total industry assets are falling over time. (V) Total industry assets are stable but the number of savings institutions has fallen.

Answer 1

The trends in the number and industry assets of savings institutions that are TRUE are:

(I) The number of savings institutions has fallen over time.

AND

(III) Total industry assets fell during the recession of the late 2000s.