Control of the nation's quantity of money is handled by
A) Congress.
B) the Federal Reserve System.
C) the President of the United States.
D) Congress, the Federal Reserve System, and all commercial banks.

Question

Quizplus · Accepted Answer

The Federal Reserve System, often referred to as the Fed, is responsible for controlling the nation's quantity of money, primarily through its monetary policy actions such as setting interest rates and conducting open market operations.

Control of the Nation's Quantity of Money Is Handled by