Which of the following was not a main provision of Depository Institutions Deregulation and Monetary Control Act (DIDMCA) ?
A) phased out Regulation Q interest rate ceilings over a six-year period
B) authorized money market deposit accounts
C) expanded the asset and liability powers of banks and thrifts
D) allowed all depository institutions to offer NOW accounts
Correct Answer:
Verified
Q1: If left to decide the level of
Q2: Which of the following changes result in
Q3: _ removed many of the regulations established
Q5: The Garn-St. Germain Act of 1982
A)authorized money
Q6: Which of the following statements best describes
Q7: The _ sets margin requirements for the
Q8: The Federal Reserve sets _ for the
Q9: The Garn-St. Germain Depository Institutions Act was
Q10: _ greatly expanded the lending powers of
Q11: The _, passed in 1988, is an
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