All of the Following Are Elements in the Structure of the Fed

question 284

Multiple Choice

All of the following are elements in the structure of the Fed EXCEPT the

• A)Federal Open Market Committee.
• B)Executive Council to the Governor.
• C)12 Federal Reserve Banks.
• D)Board of Governors.
• E)presidents of the 12 Federal Reserve Banks.

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Definitions:

Business

A business or corporate body involved in trade, manufacturing, or professional services.

Virtue Ethics

Virtue ethics focuses on the moral character of an individual as the key element of ethical thinking, rather than rules about the acts themselves or their consequences.

Consequences

The results or outcomes that naturally follow from a specific action or set of conditions, often used in the context of cause-and-effect relationships.

Actions

Steps or measures taken to achieve a goal, execute a plan, or respond to events.