What was the purpose motivating regulators to impose interest ceilings on bank savings accounts?…


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What was the purpose motivating regulators to impose interest ceilings on bank savings accounts?… 1 answer below ยป 1. What characteristics define the money markets? 2. Is a Treasury bond issued 29 years ago with six months remaining before it matures a money market instrument? 3. Why do banks not eliminate the need for money markets? 4. Distinguish between a term security and a demand security. 5. What was the purpose motivating regulators to impose interest ceilings on bank savings accounts? What effect did this eventually have on the money markets? Jul 08 2014 12:39 PM

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