What determines the supply of money in each nation?

Question

Quizplus · Accepted Answer

The supply of money in each nation is determined by the monetary authorities of that nation, such as the central bank or other government agencies. These authorities control the creation and distribution of currency, as well as setting interest rates and other policies that affect the money supply. While factors like real income, price levels, and interest rates may influence the decision-making of monetary authorities, ultimately it is the authorities who have the greatest control over the supply of money in a given nation.

What Determines the Supply of Money in Each Nation