Multiple Choice
Which one of the following is true about the U.S. Federal Reserve System?
A) There are 12 regional Federal Reserve Banks.
B) The head of the U.S. Treasury also chairs the Federal Reserve Board.
C) There are 14 members of the Federal Reserve Board.
D) The Open Market Committee is smaller in size than the Federal Reserve Board.
Correct Answer:
Verified
Correct Answer:
Verified
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