The Depository Institutions Deregulation and Monetary Control Act of 1980

A) made the Federal Reserve's job of managing the money supply a lot easier.
B) made the Federal Reserve's job of managing the money supply a lot harder.
C) had no effect upon the Federal Reserve's job of managing the money supply.

Depository Institutions Deregulation

The legislative measures taken to reduce regulation over banks and other depository institutions to enhance their ability to compete and innovate.

Monetary Control Act

A law intended to regulate banking and manage the money supply, possibly referring to specific legislation like the Monetary Control Act of 1980 in the United States, which influenced the Federal Reserve's control over monetary policy.