Which of the Following Was NOT Part of the Program

question 88

Multiple Choice

Which of the following was NOT part of the program of credit controls imposed by the Fed in March 1980?

• A)Banks were requested to reduce their acquisition of funds from nondeposit sources.
• B)A ceiling was placed on the interest rates paid on Treasury securities.
• C)A surcharge of 3% was placed on some discount borrowing by large banks.
• D)A special reserve requirement of 15% was placed on new money market mutual fund assets.

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Definitions:

Genetic Predisposition

An inherited genetic pattern that increases the likelihood of developing certain traits, conditions, or diseases.

Nutritive Substances

Compounds that provide nourishment essential for the growth and maintenance of life, typically including proteins, carbohydrates, fats, vitamins, and minerals.

Taste Buds

Small sensory organs on the tongue and other parts of the mouth that are sensitive to the taste of food and drink.

Papillae

Small, nipple-like projections on the tongue where taste buds are located.