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The federal reserve bank can be thought of as the bank for almost all other banks that work directly with the public? True or False

The federal reserve bank can be thought of as the bank for almost all other banks that work directly with the public? True or False
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The federal reserve bank can be thought of as the bank for almost all other banks that work directly with the public?

True or False

asked
User Javette
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7.9k points

1 Answer

7 votes

it would be "True"

The federal reserve is a bank for all public banks.

answered
User Andrii Shvydkyi
by
8.0k points
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