The main responsibility of The Fed is to:
A)maintain an adequate supply of money.
B)approve spending by Congress.
C)set federal income tax rates.
D)determine illegal business activities.
E)maintain a balanced budget for the federal government.

Question

Quizplus · Accepted Answer

The main responsibility of the Federal Reserve (The Fed) is to maintain an adequate supply of money to ensure economic stability and growth. This involves managing the country's monetary policy, including influencing interest rates and controlling inflation.

The Main Responsibility of the Fed Is To