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Which of the following is true regarding membership in the Federal Reserve System? I. Member banks are provided oversight by both the OCC and the

Which of the following is true regarding membership in the Federal Reserve System? I. Member banks are provided oversight by both the OCC and the Federal Reserve II. Member banks are required by law to use the word "national" in their official title III. Member banks cannot resign Federal Reseve membership to become state-chartered banks Question 8Select one: a. I only b. I and II only c. I and III only d. I, II, and

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