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Which of the following best describes the board composition of the Federal Reserve district banks? A. All positions are appointed by the U.S. President B.

Which of the following best describes the board composition of the Federal Reserve district banks?

  • A. All positions are appointed by the U.S. President
  • B. All positions are appointed by the Federal Reserve Board of Governors
  • C. All positions are elected by member banks
  • D. None of the above

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