The legislation that made all depository institutions regardless of Federal Reserve membership subject to the reserve requirements established by the Fed is called the:
A) Glass-Steagall Act.
B) McFadden Act.
C) Monetary Control Act of 1980.
D) none of the above
C
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The relationship between advertising and product differentiation is
a. positive; the more differentiated the product, the more a firm is likely to spend on advertising. b. negative; the more differentiated the product, the less a firm is likely to spend on advertising. c. zero; there is no relationship between product differentiation and advertising. d. irrelevant; firms with differentiated products do not need to advertise.
The broad definition of money supply (M3) in the Irish economy is:
(a) Coins, notes and current accounts; (b) Coins, notes, deposit accounts and current accounts; (c) Coins, notes and all deposit accounts; (d) Notes and coins issued by the Irish Central Bank
An accounting identity is
A) when the balance of payments is running a surplus or deficits. B) when the balance of trade is in surplus or deficit. C) an expression of values that are equivalent by definition. D) special drawing rights.
There are a number of benefits that usually accompany economic growth. The following are such benefits EXCEPT
A. urban congestion. B. increase in literacy. C. increased expected life-spans. D. political stability.