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:

Raw Materials

Basic materials that are used in the production of goods, services, or energy, often extracted from the natural environment.

Lawn Care Services

Services that include maintenance and aesthetic care of lawns, such as mowing, fertilizing, and weed control.

Illegal Drugs

Substances whose production, sale, or possession are prohibited by law.

Price Index

A statistical measure that shows changes in the cost of acquiring a specific basket of goods and services over time.