Maria Salvador from Dallas Sighed as She Wrote a Check

Multiple Choice

Maria Salvador from Dallas sighed as she wrote a check for her last payment to a Houston jeweler from whom she had bought a beautiful diamond. She anticipated that it would take four to five days for the check to reach the jeweler and for him to deposit it and another two or three days for the check to clear through the

A) Federal Reserve System.
B) Federal Reserve Board.
C) Federal Reserve Open Market Committee.
D) jeweler's bank.
E) Houston bank.