One Uniquely American Aspect of Central Banking Is That

question 229

Multiple Choice

One uniquely American aspect of central banking is that:

• A)​the United States has 12 central banks rather than one.
• B)​the Federal Reserve is a private institution with no governmental supervision.
• C)​the dual banking system created two parallel central banks.
• D)​the U.S.Treasury runs the Federal Reserve as an extension of the Executive Branch.

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Definitions:

Henry Mintzberg

A renowned academic and author in the field of business and management, known for his theories on business strategy and organizational structures.

Interpersonal

Pertaining to the interactions and relationships between individuals.

Informational

Pertaining to information, often focusing on the dissemination, processing, or use of knowledge.

Decisional

Decisional refers to anything related to the process of making decisions or choices among alternatives.