C.means the latter is subjected to the Reserve banks
D.means the Reserve banks orient the latters policies
3.Which of the following statements is not true according to the passage?
A.The fed is a very big, complex and significant system which comprises many local banks.
B.All the commercial banks are not the components of Federal Reserve System.
C.Board of governors is the supreme policy-makers of America.
D.District Reserve banks rather than Board of governors perform the day-to-day policies.
4.The authority of the federal Reserve ___.
A.has to be shared with other establishments.
B.is exclusive at other times
C.isnt limited by comptroller of the Currency and FDIC
D.is limited by Board of governors
5.Income of the Board of governors ___.
A.is borrowed from the U.S. treasury
B.is used by the government to make various policies
C.comes from the U.S. Treasury
D.is not granted by the government
答案:BACBD
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