One of the main results of the Depository Institutions Deregulation and Monetary Control Act of 1980 may be to:

A. lessen the number of financial institutions in the United States.
B. increase the number of financial institutions in the United States.
C. discourage the formation of big, nationwide, all-purpose financial institutions.
D. make it easier for the member banks to borrow money from the Federal Reserve District Banks.
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is it A i think its A

I agree.

The correct answer is C. The Depository Institutions Deregulation and Monetary Control Act of 1980 was aimed at promoting competition and increasing efficiency in the banking industry. One of the main results of the act was to discourage the formation of big, nationwide, all-purpose financial institutions.

To determine the correct answer, you could have used the following steps:

1. Understand the purpose of the Depository Institutions Deregulation and Monetary Control Act of 1980.
The act was intended to promote competition and increase efficiency in the banking industry. It aimed to enhance the ability of depository institutions to compete effectively with nonbank providers of financial services.

2. Analyze the potential impact of the act on the number of financial institutions.
The act's objective was not to reduce the number of financial institutions but rather to encourage competition. Therefore, it is unlikely that the act would have resulted in lessening the number of financial institutions in the United States, as stated in option A.

3. Consider the impact on big, nationwide, all-purpose financial institutions.
The act aimed to encourage competition and prevent the formation of monopolistic institutions. Therefore, it is more plausible that the act would have discouraged the formation of big, nationwide, all-purpose financial institutions, as stated in option C.

By analyzing the purpose of the act and thinking logically about its potential impacts, you can determine that option C is the correct answer.