What is the full name of the us central bank, known as the fed? the federal reserve bank the federal deposit insurance corporation the federal financial institution the federal bank

The answer is the Federal Reserve Bank.

The Federal Reserve Bank is the full name of the US Central Bank known as the Fed.

Explanation: The Federal Reserve Bank was created by the US congress when US economy was experiencing bank failures, credit scarcity, panic and so on. It was created with the purpose of providing the nation with a secured, stable and flexible financial system. The Federal Reserve Bank is in charge of conducting the nation’s monetary policy, supervision and regulation of banks , also provision of financial services to the U.S. government and so on.

for many centuries there were important factors which the economies of the muslim empires developed increasingly. they applied economic procedures in production, investment, finance, taxation and property. they used to tax certain goods (for example: harvest), they charged interest on money lent, they signed contracts with merchants; they relied on a common currency, and they used checks as well as promissory notes. with the money collected by means of taxation, the government provided the needy with an income. in addition, trading networks covered huge distances, so far regions started to have contact and exchange goods. this trade network covered areas of asia, africa and europe.