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One of the Objectives of the DBDMCA Is to Allow

Question 6

Multiple Choice

One of the objectives of the DBDMCA is to allow banks to


A) pay interest on deposits.
B) expand geographically outside the home states,
C) merge more easily with foreign banks.
D) reduce the amount of cash-asset reserve requirements if they are not a member of the Fed.
E) offer investment banking products.

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