Multiple Choice
The Depository Institutions Deregulation Monetary Control Act of 1980
A) enhanced the distinction between banks which are members of the Federal Reserve System and those which are not.
B) requires thrift institutions to be subject to the same limitations upon the creation of checkable deposits as are commercial banks.
C) prohibited thrift institutions from offering checkable deposits.
D) reduced the degree of competition between commercial banks and the thrift institutions.
Correct Answer:
Verified
Correct Answer:
Verified
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