Which of the Following Is True About the Monetary Control

question 84

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.

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Definitions:

Cognitive Dissonance

The discomfort in one's mind occurring when holding multiple opposing beliefs, ideas, or values concurrently.

Cognitive Dissonance

The discomfort in one's mind caused by holding multiple opposing beliefs, ideas, or values concurrently.

Social Psychological Theory

A branch of psychological theory that explores how individual behavior is influenced by the social environment and interactions.

Perceived Behavioral Control

An individual's belief in their capacity to execute behaviors necessary to produce specific performance attainments.