The central bank of the United States, created in 1913, is the:
AFederal Register
BFederal Revenue
CFederal Registry
DFederal Reserve
Answer & Solution
Correct answer: D. Federal Reserve
1. A banking panic prompted its creation.
2. It gave the country a more stable system.
3. That bank is the Federal Reserve.
_Source: OpenStax Introduction to Business 2e, Chapter 15, Understanding Money and Financial Institutions._
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