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Figure 1.1
Identify the levels of organization in the figure above.
-Label F: ______________________________
Board of Governors
The leading body of the Federal Reserve System, overseeing the Federal Reserve Banks and setting monetary policy in the United States.
Appointed
Selected or designated for a position or duty by an authority, rather than by election or competition.
President
The elected head of a republican state or organization, responsible for executing the laws and leading the executive branch.
Federal Reserve System
The central banking system of the United States, responsible for setting monetary policy and regulating banks.
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