The Federal Reserve manages the money supply, a responsibility also known as ______.

Question

Quizplus · Accepted Answer

The responsibility of managing the money supply is called monetary policy, which involves actions taken by the Federal Reserve to influence the availability and cost of money in the economy. Option A is not a term used to describe the Federal Reserve's role, option B refers to the government's use of taxes and spending to manage the economy, and option D is a budgeting technique used by organizations to allocate resources.

The Federal Reserve Manages the Money Supply, a Responsibility Also