__________ Removed Many of the Regulations Established During the Great

question 70

Multiple Choice

__________ removed many of the regulations established during the Great Depression. It phased out Regulation Q interest rate ceilings, established uniform and universal reserve requirements, increased the assets and liabilities that depository institutions could hold, authorized NOW accounts, and suspended usury ceilings.

• A)The Glass-Steagall Act of 1933
• B)The Garn-St. Germain Depository Institutions Act of 1982
• C)The Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989
• D)The Depository Institutions Deregulation and Monetary Control Act of 1980 (DIDMCA)

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Definitions:

Cooperative Goals

Objectives that require the collaborative efforts of two or more individuals or groups to be achieved.

Problem Solving

The process of identifying issues, analyzing them, and coming up with practical solutions.

Negotiated Compromise

A resolution achieved by discussion and adjustment of conflicting points of view, where both parties make concessions.

Long-Term Resolution

The process of resolving complex issues or disputes with solutions that are viable over an extended period of time.