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The Board of Governors of the Federal Reserve System is located in______.
A. New York City
B. Washington, D.C.
Chicago
D. Los Angeles
Which of the following is correct？______.
A. The members of the Board of Governors are appointed for 20-year terms.
B. The chairperson of the Board of Governors has an 8-year as chair.
C. The FOMC conducts the Federal Reserve's open market operations.
D. The Federal Reserve System has 14 regional Federal Reserve Banks.
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