The institution ultimately responsible for managing the nation's money supply and coordinating the banking system to ensure a sound economy is called a:

Question

Quizplus · Accepted Answer

The term used for an institution responsible for managing the nation's money supply and coordinating the banking system is a central bank. Therefore, the best choice for this question is option A, central bank. Options B, C, and D are incorrect because they either do not accurately describe the role of the central bank or are not commonly used terms to describe such an institution.

The Institution Ultimately Responsible for Managing the Nation's Money Supply