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Which of the following is true regarding membership in the Federal Reserve System? Question 2Answer a. Nationally chartered banks are automatically members of the Federal

Which of the following is true regarding membership in the Federal Reserve System? Question 2Answer a. Nationally chartered banks are automatically members of the Federal Reserve b. State-chartered may elect to become members of the Federal Reserve c. Most U.S. banks, regardless of their charter, are not members of the Federal Reserve d. Each of these answers is correct

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