Monetary policy for the countries using the euro as a currency is now conducted by
A)the Federal Reserve.
B)the Bundesbank.
C)European Central Bank.
D)none of the options

Question

Quizplus · Accepted Answer

The European Central Bank is responsible for conducting monetary policy for the countries using the euro as a currency. The Federal Reserve is the central bank of the United States, the Bundesbank is the central bank of Germany, and neither have jurisdiction over the eurozone. Therefore, the correct answer is C.

Monetary Policy for the Countries Using the Euro as a Currency