Answered

Find solutions to your problems with the help of IDNLearn.com's knowledgeable users. Our experts provide timely, comprehensive responses to ensure you have the information you need.

Which of the following institutions determines the quantity of money in the economy as its most important task?

A. U.S. Department of the Treasury
B. Federal Open Market Committee
C. Central Bank
D. Federal Reserve Board of Governors

Sagot :

GinnyAnsweridn

Final answer:

The Federal Open Market Committee (FOMC), part of the Federal Reserve system, determines the quantity of money in the economy primarily through open market operations.


Explanation:

The Federal Open Market Committee (FOMC), which is part of the Federal Reserve system in the United States, determines the quantity of money in the economy as its most important task through open market operations. The FOMC consists of the seven members of the Federal Reserve Board and five of the 12 Federal Reserve Bank presidents.


Learn more about Federal Reserve's role in monetary policy here:

https://brainly.com/question/341639


Thank you for using this platform to share and learn. Keep asking and answering. We appreciate every contribution you make. IDNLearn.com has the solutions to your questions. Thanks for stopping by, and come back for more insightful information.