Multiple Choice
Which of the following is correct?
A) The Federal Reserve has 14 regional banks.The Board of Governors has up to 12 members who serve 7-year terms.
B) The Federal Reserve has 14 regional banks.The Board of Governors has up to 7 members who serve 14-year terms.
C) The Federal Reserve has 12 regional banks.The Board of Governors has up to 12 members who serve 7-year terms.
D) The Federal Reserve has 12 regional banks.The Board of Governors has up to 7 members who serve 14-year terms.
Correct Answer:

Verified
Correct Answer:
Verified
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