The European System of Central Banks (ESCB) is similar to the Federal Reserve System in that:...

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The European System of Central Banks (ESCB) is similar to the Federal Reserve System in that: O A. monetary operations are centralized. B. it is structured such that the central banks for each country have a similar role to that of the Federal Reserve banks. OC. it is structured such that the central banks for each country control their own budgets as Federal Reserve banks do. OD. the ECB is involved in supervision and regulation of financial institutions. The European System of Central Banks (ESCB) is similar to the Federal Reserve System in that: O A. monetary operations are centralized. B. it is structured such that the central banks for each country have a similar role to that of the Federal Reserve banks. OC. it is structured such that the central banks for each country control their own budgets as Federal Reserve banks do. OD. the ECB is involved in supervision and regulation of financial institutions.

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