There Are ________ Federal Reserve Banks Located in Different Parts

question 94

Multiple Choice

There are ________ Federal Reserve Banks located in different parts of the United States.

• A) 10
• B) 12
• C) 15
• D) 50

---

Definitions:

Gross Profit

The difference between revenue and the cost of goods sold, before deducting overheads, salaries, and other operating expenses.

Net Income

After deducting taxes and expenses from its revenues, the resultant profit of a company.

Dividends

Cash payouts from a firm to its equity holders, usually derived from the company's financial gains.