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The Fed's Support of the Depository Institutions Deregulation and Monetary

Question 18

Multiple Choice

The Fed's support of the Depository Institutions Deregulation and Monetary Control Act of 1980 stemmed in part from its


A) concern over declining Fed membership.
B) belief that all banking regulations should be eliminated.
C) belief that interest rate ceilings were too high.
D) belief that depositors had to become more knowledgeable of banking operations.

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