In the United States, banks and ____________________ work together to form the banking system and to ensure the money supply is adequate, appropriate, and trustworthy.

Question

Quizplus · Accepted Answer

The government regulates the banking system through various agencies, such as the Federal Reserve, to ensure the money supply is stable and trustworthy. Banks and consumers are part of the system, but they do not have the authority to regulate it. Industry and savings and loans may be involved in banking, but they are not essential components of the banking system.

In the United States, Banks and ____________________ Work Together to Form