Question
erve
What has been an advantage of
commercial banks being a member of the
Federal Reserve?
A. Commercial banks don't have to pay fees and can avoid
penalties. a
B. Commercial banks are free to regulate any one of the
twelve federal reserve banks.
C. Commercial banks can operate however they want.
D. Commercial banks can be insured or take out additional
loans to protect themselves.
Answer
A. Commercial banks don't have to pay fees and can avoid penalties.