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Question
What effect did the Monetary Control Act of 1980 and the Garn-St Germain Depository Institution Act of 1982 have on banks?
Answer
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Related questions
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a. Fair Debt Collection Act
b. Fair Credit Reporting Act
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a. levying a high tax on state bank notes
b. conducting bank examinations
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How did Alexander Hamilton attempt to establish the federal government as the final authority for Americas economic security?
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A(n) ____________________ savings account provides a ledger of activity that a teller updates when a customer makes deposits or withdrawals.
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c. Reserve requirements do not change very often.
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Money doesnt just mean currency, but also checks, ledger transfers, and even credit.
a. True
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What is a promissory note?
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Online systems called _________________________ allow consumers to pay each other directly for a product.
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b. promissory note.
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d. bounced check.
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Which of the following largely eliminated the wide variation of legal regulation from the countrys payments system?
a. Federal Reserve Act of 1913
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Which of the following features of a check indicates who is to receive the funds?
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What is a certificate of deposit?
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Counterfeiting was not a problem when the government first began printing paper currency.
a. True
b. False