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Universal Reserve Requirements and Monetary Control
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Vol. 9, No. 5
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Last Updated: 09/10/1985

Universal Reserve Requirements and Monetary Control

Robert D. Laurent

The Depository Institutions Deregulation and Monetary Control Act (DIDMCA) authorized the gradual adoption of universal reserve requirements as a step toward improved monetary control. This paper examines the relationship between universal reserve requirements and monetary control.

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