The Fed has complete control over the money supply.

Name: The Fed has complete control over the money supply.
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Quizplus · Accepted Answer

While the Fed does have some control over the money supply through its monetary policy tools, such as open market operations, reserve requirements, and discount rates, it does not have complete control as there are many other factors that can impact the money supply, such as consumer and business behavior, global trade, and technology.

The Fed Has Complete Control Over the Money Supply