In the United States,monetary policy is determined by
A)the Federal Reserve.
B)the president.
C)private citizens.
D)the Treasury Department.

Question

Quizplus · Accepted Answer

Monetary policy in the United States is primarily determined by the Federal Reserve, which is an independent agency of the federal government responsible for regulating the country's monetary system. This includes setting interest rates, managing the money supply, and employing various tools to control inflation and promote economic stability. While the president and Treasury Department may have some influence over monetary policy, the Federal Reserve ultimately has the authority to make key decisions in this area. Private citizens, meanwhile, play a role in monetary policy through their decisions about borrowing, spending, and saving, which can impact the broader economy.

In the United States,monetary Policy Is Determined by