Multiple Choice
__________ removed many of the regulations established during the Great Depression. It phased out Regulation Q interest rate ceilings, established uniform and universal reserve requirements, increased the assets and liabilities that depository institutions could hold, authorized NOW accounts, and suspended usury ceilings.
A) The Glass-Steagall Act of 1933
B) The Garn-St. Germain Depository Institutions Act of 1982
C) The Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989
D) The Depository Institutions Deregulation and Monetary Control Act of 1980 (DIDMCA)
Correct Answer:

Verified
Correct Answer:
Verified
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