One Significant Feature of DIDMCA Was That It

question 84

Multiple Choice

One significant feature of DIDMCA was that it:

• A)expanded the ability of the Fed to influence unemployment rates
• B)expanded Fed control over the reserve requirements of non-member banks
• C)created the FDIC
• D)none of the above

---

Definitions:

Corruption

The abuse of entrusted power for personal gain, often undermining democracy, ethical values, and justice.

Labor Productivity

A measure of the economic output generated per unit of labor input, such as per hour worked.

Developing Nations

Countries with a lower standard of living, underdeveloped industrial base, and low Human Development Index relative to other countries.

IACs

International Agreements on Commodities, aimed at stabilizing commodity prices and ensuring fair trade practices.