What is the name of the U.S. central bank?
Correct answer: D. Federal Reserve
- A. Bank of America
- B. Ameri bank
- C. First National Bank of America
- D. Federal Reserve
Explanation
The Federal Reserve System, commonly called the Fed, is the central bank of the United States. Bank of America is a commercial bank, not the country's central bank.
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International Relations is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
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