Which of the Following Is Considered a Monetary Control Measure

question 17

Multiple Choice

Which of the following is considered a monetary control measure covered by the Depository Institutions Deregulation and Monetary Control Act (DIDMCA) ?

• A)the phasing out of Regulation Q
• B)uniform reserve requirements
• C)suspension of state maximum interest rates on loans
• D)All of the above are correct.

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Definitions:

Demand

The desire and ability of consumers to purchase a good or service at a given price.

Price

The amount of money required to purchase a good, service, or resource.

Quantity

Quantity refers to the amount or number of units of a product or service available or demanded in the market.

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