How are the individual Federal Reserve Banks organized?
A) By size of financial institution members—small, medium, large, etc.
B) By type of financial institution members—commercial banks, credit unions, etc.
C) By geographical region—Southeast, Northeast, West, etc.
D) By financial purpose—buying, lending, interest controlling, etc.
E) By legislative districts—10th District of Massachusetts, 1st District of Colorado, etc.
Answer: C
Explanation: C) There are a total of 12 districts.
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