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How many regional Federal Reserve banks are there?

AThirty
BThirteen
CTwelve
DTwenty
Answer & Solution
Correct answer: C. Twelve
1. The system is national but organised by district. 2. Each regional bank covers its own district. 3. There are twelve regional Federal Reserve banks. 4. So the answer is twelve. _Source: OpenStax Principles of Macroeconomics 3e (CC BY 4.0), Ch 15 'Monetary Policy and Bank Regulation', sections 15.1-15.5_
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