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Even though the 12 regional Federal Reserve Banks work very closely under the direction of the Board of Governors, they are technically _______. Question 12

Even though the 12 regional Federal Reserve Banks work very closely under the direction of the Board of Governors, they are technically _______. Question 12 options: A) an agency of the federal government B) a for-profit enterprise C) a not-for-profit organization D) only (a) and (b) of the above E) only (a) and (c) of the above

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