The Federal Reserve System Is

question 20

Multiple Choice

The Federal Reserve System is:

• A)a group of twelve commercial banks.
• B)the central bank of the United States.
• C)the agency of the U.S.government that insures commercial bank deposits.
• D)the branch of the U.S.Treasury that keeps the U.S.gold reserves.

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Definitions:

Constitution Amending Process

The procedure by which changes can be made to a country's constitution, typically involving specific requirements for proposal, approval, and ratification.

Charter of Rights

A document or legislation specifying the fundamental rights and freedoms guaranteed to citizens, often protected by a nation's constitution.

Free Speech

The right to express opinions without government restraint.

Religious Discrimination

Unfair or unequal treatment of individuals or groups based on their religious beliefs or practices.