Deregulation legislation enacted by Congress in 1980 and 1982 resulted in which of the following?

Question

Quizplus · Accepted Answer

The deregulation legislation of 1980 and 1982 resulted in the phasing out of Regulation Q, which had placed limits on interest rates paid on certain deposits. Banks and thrifts were granted expanded asset and liability powers, allowing them to engage in a wider range of financial activities. Thrifts were also permitted to offer checkable deposits. Therefore, all of these answers are correct.

Deregulation Legislation Enacted by Congress in 1980 and 1982 Resulted