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All of the following are components of the federal reserve system except the: B.Federal Open Market Committee.
“Federal” way that there's each a national government and governments of the 50 states. A “republic” is a form of government in which humans keep energy, but choose representatives to exercise that power.
Federal refers back to the countrywide government. The vote-casting age is decided through the federal authorities even as the using age is determined by a state through the country foundation. earlier the charter became ratified, and the united states changed into an unfastened confederation of states, not using a real federal government.
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