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    Exam 11: Banking Industry: Structure and Competition
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    Prior to 1980,the Fed Set an Interest Rate ________,A Maximum
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Prior to 1980,the Fed Set an Interest Rate ________,A Maximum

Question 121

Question 121

Multiple Choice

Prior to 1980,the Fed set an interest rate ________,a maximum limit,on the interest rate that could be paid on time deposits.


A) floor
B) ceiling
C) wall
D) window

Correct Answer:

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