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QuizMultiple Choice

Monetary Policy: The Federal Reserve

Question 1 • * HSA 26-27 US Government

What is the full name of the US central bank, known as the Fed?

Answer
A
the Federal Reserve Bank
B
the Federal Deposit Insurance Corporation
C
the Federal Financial Institution
D
the Federal Bank

Explanation

The Fed is commonly known as the Federal Reserve. Among these choices, “the Federal Reserve Bank” is the name that matches it. The Federal Deposit Insurance Corporation is a separate agency that insures bank deposits.

AI-written and checked against the verified answer.

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