The amount of money available in the economy:
A) is called the money supply.
B) is managed by the Federal Reserve.
C) varies depending on what is considered money.
D) All of these are true.

Question

Quizplus · Accepted Answer

All of these statements are true. The amount of money available in the economy is referred to as the money supply, which is managed by the Federal Reserve. However, the definition of "money" can vary, which impacts the total amount of money in the economy.

The Amount of Money Available in the Economy