The ________ determines the supply of money.

Question

Quizplus · Accepted Answer

The Federal Reserve, also known as the central bank of the United States, plays a crucial role in determining the supply of money by setting monetary policies such as interest rates and reserve requirements for banks. Congress and the President can influence the Federal Reserve's actions, but ultimately the Federal Reserve has the authority to control the nation's money supply. The banking system also plays a role in the money supply, but it is largely influenced by the policies set by the Federal Reserve.

The ________ Determines the Supply of Money