The Federal Reserve System Consists of ______ Central Banks

question 32

Multiple Choice

The Federal Reserve System consists of ______ central banks.

• A) Six
• B) Eight
• C) Twelve
• D) Twenty
• E) Thirty

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Definitions:

Preferred Stock

A class of stock that typically offers dividends and claim on assets before common stockholders but usually does not have voting rights.

Common Stock

A form of corporate equity ownership, a type of security representing an ownership interest in a corporation.

Capital Stock

The total amount of shares that a company is authorized to issue, representing the main source of equity for the company.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often with fixed dividend payments.