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__________ Removed Many of the Regulations Established During the Great

Question 3

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__________ removed many of the regulations established during the Great Depression. It phased out Regulation Q interest rate ceilings, established uniform and universal reserve requirements, increased the assets and liabilities that depository institutions could hold, authorized NOW accounts, and suspended usury ceilings.


A) The Glass-Steagall Act of 1933
B) The Garn-St. Germain Depository Institutions Act of 1982
C) The Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989
D) The Depository Institutions Deregulation and Monetary Control Act of 1980 (DIDMCA)

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