Capital MarketsQuestion 361 of 398
Which of the following institutions serves as the central bank of the United States?
a.The U.S. Treasury
b.The FDIC
c.The Federal Reserve System
d.The World Bank
Explanation
The Federal Reserve System is the central bank of the United States, responsible for conducting monetary policy, supervising banks, and promoting financial stability. The Treasury, by contrast, manages federal finances and issues government debt.
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