The Federal Reserve System Is Made Up of Twelve Regional

question 34

Multiple Choice

The Federal Reserve System is made up of twelve regional banks owned by

• A) commercial banks in the respective districts that have chosen to be members of the Fed.
• B) Wall Street investors.
• C) the Board of Governors appointed by the President.
• D) the U.S. Treasury.

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Definitions:

Child Care

The supervision and care provided to children, typically ranging in ages from infancy to adolescence, by individuals other than their legal guardians.

Working Women

Refers to women who engage in paid employment outside their homes.

Labor Force

The total number of people employed or available for employment in an economy.

Stay-at-Home Moms

Mothers who choose to not work outside the home in order to focus on childcare and managing their household.