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Question
Money market deposit accounts (MMDAs), offering flexible interest rates, accessible for payments purposes, and designed to compete with share accounts offered by money market mutual funds, were authorized by the:
A. Glass-Steagall Act.
B. Depository Institutions Deregulation and Monetary Control Act (DIDMCA).
C. Bank Holding Company Act.
D. Garn-St. Germain Depository Institutions Act.
E. None of the options is correct.
Answer
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Related questions
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