True or False and why..The Federal reserve monitors and regulates the supply of money in the...

90.2K

Verified Solution

Question

Economics

True or False and why..The Federal reserve monitors andregulates the supply of money in the economy.

Answer & Explanation Solved by verified expert
4.2 Ratings (676 Votes)
True The federal reserve is the central bank of united states and it controls the supply of money into the economy The fed controls the money supply Reserve ratio all the banks are required to to keep a certain amount it with the Federal Bank This amount is termed as reserve that is    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students