Which of the Following Is True About the Monetary Control

question 141

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 credit unions,mutual savings banks,and nonmember banks under regulatory institutions other than the Fed.
• D)It deregulated the banking industry.

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Definitions:

Central Nervous System

The part of the nervous system consisting of the brain and spinal cord, which serves as the primary control center for processing and sending out information.

Internal Organs

Organs located inside the body that perform essential functions, such as the heart, liver, and kidneys.

Inhibitory Neurotransmitter

A type of neurotransmitter that decreases the likelihood of the neuron it binds to firing an action potential.

GABA

Gamma-Aminobutyric Acid, a neurotransmitter in the brain that inhibits many neurons from firing, reducing activity in the nervous system.