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Which of the Following Was Not a Main Provision of Depository

Question 55

Multiple Choice

Which of the following was not a main provision of Depository Institutions Deregulation and Monetary Control Act (DIDMCA) ?


A) phased out Regulation Q interest rate ceilings over a six-year period
B) authorized money market deposit accounts
C) expanded the asset and liability powers of banks and thrifts
D) allowed all depository institutions to offer NOW accounts

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