Multiple Choice
The five components of the Federal Reserve System include:
A) Member banks, Federal Reserve District Banks, Board of Governors, Federal Open Market Committee, Monetary Committees.
B) Nonmember banks, Federal Reserve District Banks, Board of Governors, Federal Open Market Committee, Advisory committees.
C) Member banks, Federal Reserve District Banks, Board of Governors, Federal Open Market Committee, Advisory committees.
D) Member banks, Federal Reserve District Banks, Board of Governors, Federal Closed Market Committee, Advisory committees.
Correct Answer:

Verified
Correct Answer:
Verified
Q145: Federal Reserve actions that offset unexpected monetary
Q146: The Federal Reserve act required that all
Q147: Because of the National Banking Act, the
Q148: The least used monetary policy instrument used
Q149: The principle examining activity of the Federal
Q151: _ requires disclosure of the finance charge
Q152: The Consumer Credit Protection Act requires that
Q153: Before the Federal Reserve System was created,
Q154: The Fed controls the _ supply.<br>A) credit<br>B)
Q155: As of early 2019, nearly all the