The Fed's Support of the Depository Institutions Deregulation and Monetary

question 18

Multiple Choice

The Fed's support of the Depository Institutions Deregulation and Monetary Control Act of 1980 stemmed in part from its

• A)concern over declining Fed membership.
• B)belief that all banking regulations should be eliminated.
• C)belief that interest rate ceilings were too high.
• D)belief that depositors had to become more knowledgeable of banking operations.

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Definitions:

Costs

The amount of money that needs to be spent to buy, do, or make something.

Return on Investment

A performance measure used to evaluate the efficiency or profitability of an investment relative to its cost.

Expectations

The beliefs or forecasts about future events affecting economic decisions and behaviors.

Voice Activated Software

Software that is able to interpret and execute commands given through spoken words.