193k views
5 votes
Please describe the structure of the Federal Reserve.

2 Answers

3 votes

Answer:

The Federal Reserve pyramid (or Fed pyramid) is a simple little diagram that depicts the structure of the Federal Reserve System, which takes in the two-dimensional shape of triangle (hence the term "pyramid" is not totally accurate), with a large base that comes to a peak.

Step-by-step explanation:

User Dkam
by
9.5k points
5 votes

The Federal Reserve System has a two-part structure: a central authority called the Board of Governors in Washington, D.C., and a decentralized network of 12 Federal Reserve Banks located throughout the country.

User Yashaswi N P
by
8.5k points

No related questions found