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The Depository Institutions Deregulation and Monetary Control Act of 1980

Question 21

Multiple Choice

The Depository Institutions Deregulation and Monetary Control Act of 1980


A) established higher reserve requirements for nonmember than for member banks.
B) established higher reserve requirements for member than for nonmember banks.
C) abolished reserve requirements.
D) established uniform reserve requirements for all banks.

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