In the United States control of the money supply is given to:
A)The President
B)The Federal Reserve System
C)The Bureau of Printing and Engraving
D)The Department of the Treasury

Question

Quizplus · Accepted Answer

The Federal Reserve System, often called "the Fed," is the central bank of the United States and is responsible for implementing monetary policy, controlling the money supply, and regulating financial institutions. The President, Department of the Treasury, and Bureau of Printing and Engraving do not have direct control over the money supply.

In the United States Control of the Money Supply Is