The Monetary Control Act of 1980

question 45

Multiple Choice

The Monetary Control Act of 1980:

• A) created less competition among various financial institutions.
• B) allowed fewer institutions to offer checking account services.
• C) restricted savings and loan associations to long-term loans.
• D) all of the above.
• E) none of the above.

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Definitions:

James and McDougall

Likely refers to William James and William McDougall, two influential figures in psychology, known for their work in theories of instinct and the development of modern psychology.

Instinct Theory

A view that explains human behavior as motivated by automatic, involuntary, and unlearned responses.

Theories of Motivation

Psychological theories that seek to explain how and why people are motivated to act in certain ways, including needs, desires, and goals.

Drive Theories

Theories suggesting that motivation is primarily based on the needs to reduce internal states of tension and restore homeostasis.