The Monetary Control Act of 1980:
A) required banks to make home loans.
B) eliminated many forms of competition among financial institutions.
C) created sharper distinctions among various financial institutions.
D) none of the above.
Correct Answer:
Verified
Q125: Credit cards are money because they serve
Q126: The Federal Deposit Insurance Corporation (FDIC):
A) insures
Q127: M2 is actually a smaller amount than
Q128: Any item can successfully serve as money.
Q129: The Monetary Control Act of 1980:
A) extended
Q131: The Monetary Control Act of 1980 extended
Q132: The Monetary Control Act of 1980:
A) allowed
Q133: By functioning as a unit of account,
Q134: The Monetary Control Act of 1980:
A) created
Q135: M1 includes savings accounts.
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