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.

Question

Quizplus · Accepted Answer

The Executive Council to the Governor is not an element in the structure of the Fed. The correct elements are the Federal Open Market Committee, the 12 Federal Reserve Banks, the Board of Governors, and the presidents of the 12 Federal Reserve Banks.

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