One Significant Feature of DIDMCA Was That It

question 36

Multiple Choice

One significant feature of DIDMCA was that it

• A) expanded the ability of the Fed to influence unemployment rates.
• B) expanded Fed control over the reserve requirements of non-member banks.
• C) created the FDIC.
• D) eliminated regulation Z.

---

Definitions:

United States

A country in North America, consisting of 50 states, a federal district, five major self-governing territories, and various possessions.

Recent Decades

A term referring to the relatively immediate past, often used to describe changes or trends over the last 20 to 30 years.

Economic Situation

Macroeconomic factor that affects the way consumers buy merchandise and spend money, both in a marketer’s home country and abroad; see also inflation, foreign currency fluctuations, and interest rates.

Target Markets

Specific groups of consumers at which a company aims its products and services, identified by various demographic, geographic, and psychographic factors.