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    Financial System and the Economy Principles
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    Exam 12: Regulation of the Banking System and the Financial Services Industry
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    The Garn-St. Germain Act of 1982
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The Garn-St. Germain Act of 1982

Question 52

Question 52

Multiple Choice

The Garn-St. Germain Act of 1982


A) authorized money market deposit accounts and Super NOW accounts.
B) imposed universal and uniform reserve requirements.
C) slowed down the rate at which Regulation Q interest rate ceilings were removed.
D) All of the above are correct.

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