The Five Components of the Federal Reserve System Include

question 53

Multiple Choice

The five components of the Federal Reserve System include:

• A)Member banks, Federal Reserve District Banks, Board of Governors, Federal Open Market Committee, Adlib Monetary Committees.
• B)Nonmember banks, Federal Reserve District Banks, Board of Governors, Federal Open Market Committee, Advisory committees.
• C)Member banks, Federal Reserve District Banks, Board of Presidents, Federal Open Market Committee, Advisory committees.
• D)Member banks, Federal Reserve District Banks, Board of Governors, Federal Closed Market Committee, Advisory committees.
• E)none of the above

---

Definitions:

Carey V. Population Services

A landmark 1977 United States Supreme Court case that held that it is unconstitutional to ban the sale of contraceptives to minors.

Supreme Court

The highest judicial body in a country, which has the ultimate judicial authority to interpret and decide upon matters of law.

Right To Privacy

The concept that one's personal information is protected from public scrutiny or governmental intrusion, encompassing issues of bodily integrity and data protection.

Unintended Pregnancies

Pregnancies that are not planned ahead of conception, reflecting either a lack of desire for a child at any time or mistiming of pregnancy.