1. Which of the following is true concerning the intent of the Depository Institutions Deregulation and Monetary Control Act (DIDMCA)
   1. Uniform Federal Reserve requirements were phased in on transaction accounts (such as demand deposits, NOW accounts, telephone transfers, and automatic transfers) at all depository institutionscommercial banks (whether Federal Reserve members or not), savings and loan associations, mutual savings banks, and credit unions.
   2. The Federal Reserve Board was authorized to collect all data necessary for the monitoring and control of money and credit aggregates.
   3. Access to loans at the discount rate from Federal Reserve banks was widened to include any depository institution issuing transaction accounts or nonpersonal time deposits.
   4. Regulation Q, which had long set interest-rate ceilings on deposits, was to be expanded to all types of financial institutions.