The Depository Institutions Deregulation Monetary Control Act of 1980

question 247

Multiple Choice

The Depository Institutions Deregulation Monetary Control Act of 1980

• A)enhanced the distinction between banks which are members of the Federal Reserve System and those which are not.
• B)requires thrift institutions to be subject to the same limitations upon the creation of checkable deposits as are commercial banks.
• C)prohibited thrift institutions from offering checkable deposits.
• D)reduced the degree of competition between commercial banks and the thrift institutions.

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