The Federal Reserve System is made up of the:
A)Board of Governors and 12 Federal Reserve district banks.
B)president of the United States and 12 Federal Reserve district banks.
C)chair of the Federal Reserve and 12 Federal Reserve district banks.
D)chair of the Federal Reserve, the president of the New York Federal Reserve district bank, and four other Federal Reserve district bank presidents.

Question

Quizplus · Accepted Answer

The Federal Reserve System consists of the Board of Governors in Washington D.C. and 12 regional Federal Reserve Banks located in major cities throughout the United States. Therefore, choice A is the correct answer.

The Federal Reserve System Is Made Up of The