Question

Which of the following is a TRUE statement regarding the Federal Reserve System? A. The national government owns the Federal Reserve System. B. Every single bank in the United States is a member of the Federal Reserve System. C. The chair of the Board of Governors is hired by the president of the Federal Reserve. D. The Federal Reserve System serves as the banker of the United States federal government.

Answer 1

D.The Federal Reserve System serves as the banker of the United States federal government.

I know its late but just in case people take the test in the future.

And yes this Answer is indeed CORRECT.

Answer 2

D. The Federal Reserve System serves as the banker of the United States federal government.
It was founded December 23, 1913