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    Financial Markets and Institutions
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    Exam 3: Depository Institutions: Activities and Characteristics
  5. Question
    The Maximum Interest Rate That Is Permitted on Deposit Accounts
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The Maximum Interest Rate That Is Permitted on Deposit Accounts

Question 18

Question 18

True/False

The maximum interest rate that is permitted on deposit accounts has been phased out by the Depository Institutions Deregulation and Monetary Control Act of 1980 (DIDMCA).

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