The Federal Reserve System
A) has officers that are elected, like members of Congress.
B) was recently declared unconstitutional by the Supreme Court.
C) controls the amount of currency in circulation.
D) is headquartered in San Francisco.

Question

Quizplus · Accepted Answer

The Federal Reserve System controls the amount of currency in circulation through its monetary policy decisions. The System is not elected like members of Congress and was not recently declared unconstitutional by the Supreme Court. The headquarters of the Federal Reserve System is located in Washington D.C., not San Francisco.