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The Depository Institutions Deregulation and Monetary Control Act of 1980 eliminated the requirement that banks hold reserve deposits with the Fed. required all state banks
The Depository Institutions Deregulation and Monetary Control Act of 1980 eliminated the requirement that banks hold reserve deposits with the Fed. required all state banks to join the Federal Reserve System. required all banks to maintain reserve deposits with the Fed. prohibited nonmember banks from receiving discount loans. 1.5 points
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Managing in a Global Economy Demystifying International Macroeconomics
Authors: John E. Marthinsen
2nd edition
128505542X, 978-1305176157, 1305176154, 978-1285055428
