Compare the structure and independence of the Fed- eral Reserve System and the European System of Central Banks.

The following categories are currently part of the Federal Reserve's Balance Sheet as assets or liabilites, EXCEPT: Government securities Mortgage Backed Securities Deposits at Commercial Banks Bank Deposits at the FED as Reserves

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All of the presidents of the regional Federal Reserve banks A. attend each FOMC meeting. B. have voting rights at each FOMC meeting. C. are appointed by the president of the U.S. and confirmed by the U.S. Senate. D. All of the above are correct.