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The Desired Effect of the Monetary Control Provisions of the Depository

Question 111

Multiple Choice

The desired effect of the monetary control provisions of the Depository Institutions Deregulation and Monetary Control Act (DIDMCA) was which of the following?


A) uniform reserve requirements for all depository institutions strengthening the effectiveness of the regulatory process
B) expanded Federal Reserve powers
C) universal reserve requirements for all depository institutions strengthening the effectiveness of the regulatory process
D) All of the above are correct.

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