Under the Depository Institutions Deregulation and Monetary Control Act,all Depository

question 127

Short Answer

Under the Depository Institutions Deregulation and Monetary Control Act,all depository institutions are now subject to the Fed's ______;at the same time all depository institutions are now legally authorized to issue _____.

---

Definitions:

American Express

A multinational financial services corporation known for its credit card, charge card, and traveler's check businesses.

Utility

The total satisfaction or benefit received from consuming a good or service.

Place Utility

The value added to products by having them available at the location where they are needed or desired by consumers.

Boarding Pass

A document provided by an airline during check-in, granting a passenger permission to enter the secure area of an airport and board a specific flight.