Which of the Following Is NOT True of the Depository

question 62

Multiple Choice

Which of the following is NOT true of the Depository Institution Deregulation and Monetary Control Act of 1980?

• A)Interest rate ceilings were placed on mortgage loans and certain types of commercial loans.
• B)All banks were given access to the Fed's check-clearing facilities.
• C)NOW accounts were permitted.
• D)Regulation Q was phased out.

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Definitions:

Industrialized Countries

Nations that have highly developed industries and infrastructure, offering a high standard of living and technological advancement.

Early 1970s

A period marked by significant cultural, political, and technological changes worldwide, roughly spanning from 1970 to 1974.

Polarization Between Jobs

The growing divide in job quality and security, often leading to high-wage, highly skilled jobs at one extreme and low-wage, insecure jobs at the other.

Recent Changes In Work

Transformations in the labor market, work environments, and job structures, driven by factors such as technology, globalization, and social trends.