The Garn-St Germain Act of 1982

question 4

Multiple Choice

The Garn-St Germain Act of 1982

• A)permitted depository institutions to offer money market deposit accounts.
• B)prevented depository institutions from acquiring problem institutions across geographic boundaries.
• C)required the Fed to explicitly charge depository institutions for its services.
• D)allowed the Fed to provide check clearing to depository institutions at no charge.

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Definitions:

Pulmonary Embolism

A blockage in one of the pulmonary arteries in the lungs, usually caused by blood clots that travel from the legs or other parts of the body.

Chest Pain

A symptom that can be caused by a variety of conditions, ranging from non-serious issues like indigestion to life-threatening ones like heart attacks.

Axillary Veins

The blood vessels that transport venous blood from the lateral aspect of the thorax, armpit, and upper limb towards the heart.