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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