Which One of the Following Is True About the U

question 41

Multiple Choice

Which one of the following is true about the U.S. Federal Reserve System?

• A) There are 12 regional Federal Reserve Banks.
• B) The head of the U.S. Treasury also chairs the Federal Reserve Board.
• C) There are 14 members of the Federal Reserve Board.
• D) The Open Market Committee is smaller in size than the Federal Reserve Board.

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