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The Federal Reserve Bank operates: A. as a semi-private organization not under the direct control of the government.
B. under the direction of the Banking Oversight Committee of Congress.
C. under the direct control of the executive branch of the government.
D. as a special agency of the U.S. Treasury.
The correct answer is:
A. as a semi-private organization not under the direct control of the government.
Explanation: The Federal Reserve System is the central bank of the United States and operates independently within the government framework. While it was created by Congress, it functions independently to make monetary policy decisions without direct control from the government, allowing it to manage the economy effectively.