Regulation Q was intended to
A) maintain banks' profitability by limiting competition for funds.
B) increase the reserves banks would hold against demand deposits.
C) increase the reserves banks would hold against time deposits.
D) eliminate the need for discount loans.
Correct Answer:
Verified
Q35: What is the Fedwire used for?
A)Relaying important
Q36: What is the payments system?
A)The means of
Q37: By 2006, total lending in the commercial
Q38: In late 1998 the Fed averted a
Q39: The development of money market mutual funds
Q41: Negotiable order of withdrawal accounts
A)are available only
Q42: Banks responded to their loss of borrowers
Q43: The Garn-St. Germain Act aided savings institutions
Q44: Which of the following statements concerning money
Q45: When did Regulation Q finally disappear?
A)1934
B)1945
C)1986
D)2000
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