The money supply is controlled by the
A)New York Stock Exchange.
B)Federal Reserve System.
C)stock of gold in the economy.
D)President of the United States.

Question

Quizplus · Accepted Answer

The money supply is controlled by the Federal Reserve System, which is the central bank of the United States. The Federal Reserve regulates the amount of money in circulation by adjusting interest rates, setting reserve requirements for banks, and conducting open market operations. The New York Stock Exchange and the stock of gold in the economy do not directly control the money supply, and while the President of the United States can influence economic policy, they do not have direct control over the money supply.

The Money Supply Is Controlled by the