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... B) decrease by $120 million and the maximum money-lending potential of the commercial banking system will decrease by $480 million. C) increase by $120 million and the maximum money-lending potential of the commercial banking system will increase by $480 million. D) increase because the securities a ...
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Early 1980s recession



The early 1980s recession describes the severe global economic recession affecting much of the developed world in the late 1970s and early 1980s. The United States and Japan exited the recession relatively early, but high unemployment would continue to affect other OECD nations through to at least 1985. Long-term effects of the recession contributed to the Latin American debt crisis, the savings and loans crisis in the United States, and a general adoption of neoliberal economic policies throughout the 1980s and 1990s.
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