The _______________________ Was Designed to Reduce or Eliminate Interest Rate

question 81

Multiple Choice

The _______________________ was designed to reduce or eliminate interest rate limitations and increase access to various sources of funds available to banks and thrifts and expand the Federal Reserve's control over thrifts and non-member banks.

• A) Glass Steagall Act
• B) Gramm-Leach-Bliley Act
• C) Garn-Saint Germain Act
• D) Depository Institutions Deregulation and Monetary Control Act

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Definitions:

Blockbuster

A term originally from the film industry for a highly successful movie, but now also used broadly to describe any product or event that is a major commercial success.

American Teens

A demographic group in the United States usually defined by the age range of 13 to 19 years old, often studied for their social trends, consumer behavior, and cultural influences.

The Last Picture Show

A critically acclaimed 1971 film directed by Peter Bogdanovich that focuses on the coming of age of characters in a small Texan town.

Peter Bogdanovich

A director, writer, and actor known for his part in the New Hollywood wave of filmmaking with critically acclaimed films in the 1970s.