The quantity of money in the United States is essentially controlled by the:

Question

Quizplus · Accepted Answer

The Federal Reserve is responsible for controlling the quantity of money in the United States through its monetary policy decisions, such as setting interest rates and regulating the money supply through open market operations. While the president and Department of the Treasury have some influence over fiscal policy related to government spending and taxation, they do not control the money supply in the same way the Federal Reserve does. Commercial banks are involved in the money creation process through lending, but the overall control of money supply is in the hands of the Federal Reserve.

The Quantity of Money in the United States Is Essentially