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The Depository Institutions Deregulation and Monetary Control Act

Question 123

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The Depository Institutions Deregulation and Monetary Control Act


A) established a system of central banks.
B) has resulted in more competition among depository institutions.
C) increased federal deposit insurance from $40,000 to $80,000 for each account.
D) established minimum capital requirements for banks with federal charters .

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