Which term could also be used to call the Federal Reserve?(1 point)Responseslender's banklender's bankpublic's bankpublic's bankbank of the peoplebank of the peoplebanker's bankbanker's bank
banker's bank
The correct term that could also be used to refer to the Federal Reserve is "banker's bank."
The correct term that is commonly used to refer to the Federal Reserve is "lender's bank" or "banker's bank" (without the apostrophe-'s). However, it is important to note that this term may not be as widely recognized or commonly used as the Federal Reserve or its abbreviation, the Fed.
To arrive at this answer, we can eliminate the options that do not accurately describe the Federal Reserve.
- "Public's bank" and "bank of the people" are incorrect because the Federal Reserve is not owned by the public or operated for the exclusive benefit of the people.
- "Slender's bank" is not a term used to describe the Federal Reserve.
Therefore, the correct answer would be "lender's bank" or "banker's bank."