11. The thought of the Federal Government establishing maximum prices on products such as hamburgers and French fries is unimaginable for most of us. Likewise, we cannot imagine the Government restricting businesses like Walmart and McDonald's from having stores in two different states (interstate business). Yet, commercial banks experienced both price controls on bank deposit products and branching restrictions across state lines. a. What Act empowered bank regulators to set maximum prices (interest rates) on bank deposit products? You do not need to discuss the Act. b. What did the Government hope to accomplish by empowering bank regulators with the power to set maximum prices (interest rates) on bank deposit products? c. What Act deregulated prices (interest rates) on time & savings deposit products, thereby allowing banks to set their own prices (interest rates) on these products? You do not need to discuss the Act. . For how many years did commercial banks encounter price controls on their time & savings deposits