Question

The central bank of the United States is known as the

A. Federal Reserve System.
B. Department of the Treasury.
C. Federal Savings and Loan Insurance Corporation.
D. Federal Deposit Insurance C

Answer 1

The central bank of the United States is called the Federal Reserve System or 'the Fed'. It was established in 1913 and is responsible for conducting monetary policy and regulating financial institutions.

Step-by-step explanation:

The central bank of the United States is known as the Federal Reserve System. The Federal Reserve, also referred to as 'the Fed', was established in 1913 and is owned by private member banks. It is responsible for conducting monetary policy, regulating financial institutions, providing services to the government, and maintaining the payment system.