Which of the following institutions is primarily responsible for monetary policy?

Question

Quizplus · Accepted Answer

The Federal Reserve Board is primarily responsible for monetary policy. They use tools like setting interest rates and controlling the money supply to influence the economy. Congress and the President have some influence over monetary policy, but it is ultimately the responsibility of the Federal Reserve. The courts and the Treasury Department do not play a direct role in monetary policy.

Which of the Following Institutions Is Primarily Responsible for Monetary