The Federal Reserve System Consists of Which of the Following

question 136

Multiple Choice

The Federal Reserve System consists of which of the following?

• A)Federal Open Market Committee and Office of Thrift Supervision
• B)Federal Deposit Insurance Corporation and Controller of the Currency
• C)U.S.Treasury Department and Bureau of Engraving and Printing
• D)Board of Governors and the 12 Federal Reserve Banks

---

Definitions:

Commercial Arrangements

Agreements or transactions related to the conduct of commerce, including sales, services, and distribution of goods.

Lien

A legal right or interest that a creditor has in the debtor's property, until a debt or duty that it secures is satisfied.

Court Order

A directive issued by a judicial authority, requiring an individual or entity to perform or cease performing a specific action.

Enforcement

The act of ensuring compliance with laws, regulations, or agreements through legal means or actions.