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    Financial Markets and Institutions Study Set 4
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    Exam 4: Functions of the Fed
  5. Question
    Of the Nine Directors of Each Fed District Bank, ____
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Of the Nine Directors of Each Fed District Bank, ____

Question 27

Question 27

Multiple Choice

Of the nine directors of each Fed district bank, ____ are elected by member banks in that district.


A) 0
B) 9
C) 6
D) 3

Correct Answer:

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