The term that could also be used to call the Federal Reserve is "banker's bank." The Federal Reserve acts as a bank for other banks, providing services that support the banking system.
Basics of the Federal Reserve Quick Check
2 of 52 of 5 Items
Question
Which term could also be used to call the Federal Reserve?(1 point)
Responses
bank of the people
bank of the people
public's bank
public's bank
banker's bank
banker's bank
lender's bank
1 answer