The Garn-St

question 40

Multiple Choice

The Garn-St. Germain Depository Institutions Act was passed in order to

• A)authorize interest earning checking accounts.
• B)prevent depository institutions from offering interest earning checking accounts.
• C)help depository institutions compete with money market mutual funds by being able to authorize money market deposit accounts.
• D)phase out Regulation Q interest rate ceilings.

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Definitions:

Row

A horizontal series of cells in a table or a spreadsheet.

Column

A vertical arrangement of data in a table or spreadsheet, typically containing all information pertinent to a single field within the database or sheet.

Cell

The basic storage unit in a spreadsheet or table, typically defined by the intersection of a row and column.

Snap Feature

A functionality in software that automatically aligns objects or text to a grid or guide to ensure precise positioning.