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Which of the Following Is NOT True of the Depository

Question 62

Multiple Choice

Which of the following is NOT true of the Depository Institution Deregulation and Monetary Control Act of 1980?


A) Interest rate ceilings were placed on mortgage loans and certain types of commercial loans.
B) All banks were given access to the Fed's check-clearing facilities.
C) NOW accounts were permitted.
D) Regulation Q was phased out.

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