Multiple Choice
Which of the following is true about the Monetary Control Act of 1980?
A) It reduced the distinction between different types of depository institutions.
B) It further restricted the Federal Reserve's control of the banking system.
C) It placed S&Ls,credit unions,mutual savings banks,and nonmember banks under regulatory institutions other than the Fed.
D) It deregulated the banking industry.
Correct Answer:
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