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2. Describe the causes and consequences of the Savings and loan crisis in US, 1986-1995. a. What part did inflationary policy played? b. What was

2. Describe the causes and consequences of the Savings and loan crisis in US, 1986-1995. a. What part did inflationary policy played? b. What was the role that different interest rates S&Ls received and paid? c. What can you say about the role of welfare policy?

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