The Depository Institutions Deregulation and Monetary Control Act of 1980

question 19

Multiple Choice

The Depository Institutions Deregulation and Monetary Control Act of 1980 allowed banks to set their own

• A)reserve requirements.
• B)capital ratios.
• C)interest rates on savings deposits.
• D)corporate loan interest rates.

---

Definitions:

Hammer

A tool with a heavy head and a handle, used for breaking things or driving in nails.

Home-Country Nationals

Employees who are citizens of the country where their company is headquartered, even if they work abroad.

Technical Knowledge

The specific expertise and skills related to the practical aspects of operations, processes, and technology within a specific field or industry.

Relocating Expatriates

The process of moving employees from their home country to a foreign country for work assignments.