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Which of the following is Not true? Select one: A. Large-denomination certificate of deposits were not subject to the ceiling rule pushed by Regulation Q.

Which of the following isNot true?

Select one:

A. Large-denomination certificate of deposits were not subject to the ceiling rule pushed by Regulation Q.

B. Regulation Q resulted in disintermediation and pushed the bank to develope new instruments.

C. Garn -St. Germain act reversed disintermediation by fomally allowing NOW and ATS.

D. Money market deposit account is one of the instruments developed by banks to overcome regulation Q.

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