95.3k views
4 votes
How is the Federal Reserve System organized? Define monetary policy.

User Tzot
by
5.1k points

1 Answer

5 votes

Answer:

It has a two part structure: a central authority called the Board of Givernors located in Washington, D.C and a decentralized network of 12 Federal Reserve Banks located throughout the U.S.

User Bluethundr
by
5.5k points