Which of the Following Is (Are)responsible for Managing the Money

question 74

Multiple Choice

Which of the following is (are) responsible for managing the money supply in the United States?

• A)the Federal Reserve Bank of New York
• B)the twelve Federal Reserve Banks
• C)the Federal Open Market Committee
• D)the Board of Governors

---

Definitions:

Vertical Shift

A transformation that moves a graph up or down the y-axis, changing the equation's output but not its input.

Vertical Line Test

A method to determine if a graph represents a function by checking if any vertical line intersects the graph at more than one point.

Function

In mathematics, a relation between sets that associates every element of a first set to exactly one element of the second set.

Absolute Value

The distance of a number from zero on the number line, without regard to direction, represented as |x|.