The structure of the Federal Reserve includes 1. all commercial banks 2. the twelve district banks...

Question

Question

The structure of the Federal Reserve includes

1. all commercial banks

2. the twelve district banks

3. the Board of Governors

Answer 1

Answer #1

Answer - The Correct answer is D) 2 and 3.

The Structure of Federal Reserve consists of 2 parts-

1) Board of member which is the Central Authority.

2) 12 District banks (ie 12 Federal reseve banks ).

Answer 2

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