In the United States, inflation is the responsibility of
A)the market.
B)the president.
C)the Federal Reserve.
D)Congress.
E)the U.S.Treasury.

Question

Quizplus · Accepted Answer

The Federal Reserve is responsible for monetary policy in the United States, which includes managing inflation. The central bank uses various tools, such as adjusting interest rates and managing the money supply, to keep inflation in check. The president, Congress, and the U.S. Treasury can also have an impact on inflation through fiscal policies, such as taxation and spending, but ultimately it is the Federal Reserve's responsibility to maintain price stability.

In the United States, Inflation Is the Responsibility of