The Depository Institutions Deregulation and Monetary Control Act of 1980:
A) made depository institutions more similar in the types of deposits and loans they could offer.
B) reduced the role and authority of the Federal Reserve in dealing with depository institutions.
C) allowed only financial depository institutions that belong to the Federal Reserve System to keep their reserve accounts at a Federal Reserve bank.
D) accentuated the differences between commercial banks and savings and loans, credit unions, and other financial depository institutions.
Correct Answer:
Verified
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