Deregulation of the Banking Sector Throughout the Late 1970s and the 1980s

question 5

Multiple Choice

Deregulation of the banking sector throughout the late 1970s and the 1980s sought to:

• A) reduce the reliance of major Australian companies on international capital markets.
• B) reduce the excess profits of banks.
• C) reduce the discrimination against banks owing to direct controls on them only.
• D) provide reduced control on the money supply.

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