Which of the Following Statements About the Depository Institutions Deregulation

question 9

Multiple Choice

Which of the following statements about the Depository Institutions Deregulation and Monetary Control Act of 1980 is NOT correct?

• A)It required all banks to maintain reserve deposits with the Fed.
• B)It gave member and nonmember banks equivalent access to discount loans.
• C)It halted the decline in Fed membership.
• D)It eliminated restrictions on interstate banking for member banks.

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