One of the problems that thrift institutions face is that______.A.they are unable to go to
One of the problems that thrift institutions face is that______.
A.they are unable to go to the discount window at the Federal Reserve to borrow short-term funds because they are not members of the Fed
B.in periods of high short-term interest rates, they have to pay more to obtain new funds or retain existing funds than they get from their long-term mortgages
C.they are holding short-term assets and long-term liabilities. This mismatching of maturities puts a squeeze on their profits when short-term interest rates are low
D.they are unable to offer demand deposits at low cost because they are not part of the Federal Reserve System