The Depository Institutions Deregulation and Monetary Control Act Passed by the Congress

question 114

Multiple Choice

The Depository Institutions Deregulation and Monetary Control Act passed by the Congress in 1980 led to:

• A)the complete removal of thrift institutions.
• B)increased competition among financial institutions.
• C)the formation of large number of savings and loan associations.
• D)privatization of all financial institutions in the U.S.
• E)the complete removal of credit unions.

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Definitions:

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