The Federal Reserve System is composed of
A) the Federal Reserve Board and the twelve federal reserve banks around the nation.
B) the Federal Reserve Board, the Secretary of the Treasury, and the head of the council of economic advisers.
C) the Federal Reserve bank leaders and the president's top economic adviser.
D) the president, the Federal Reserve Board chair, the Secretary of the Treasury, and other top officials invited to serve by the president.
E) the president, members of the Senate commerce committee, and the chair of the Federal Reserve Board.
Correct Answer:
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