Which of the following is NOT true of the Depository Institution Deregulation and Monetary Control Act of 1980?
A) Interest rate ceilings were placed on mortgage loans and certain types of commercial loans.
B) All banks were given access to the Fed's check-clearing facilities.
C) NOW accounts were permitted.
D) Regulation Q was phased out.
Correct Answer:
Verified
Q44: Which of the following statements concerning money
Q45: When did Regulation Q finally disappear?
A)1934
B)1945
C)1986
D)2000
Q46: A credit crunch refers to a
A)sharp rise
Q47: In an overnight Eurodollar transaction
A)foreign governments borrow
Q48: The loss of business to the commercial
Q50: Certificates of deposit differ from demand deposits
Q51: During the 1980s banks lost loan business
Q52: Which sector of the economy was hurt
Q53: Large commercial banks responded to the Credit
Q54: In a repurchase agreement, a corporation
A)agrees to
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