Question

Which of the following is​ (are) responsible for managing the money supply in the United​ States? A. the Federal Open Market Committee B. the Board of Governors C. the Federal Reserve Bank of New York D. the twelve Federal Reserve Banks

Answer 1

Answer:

D. the twelve Federal Reserve Banks

Explanation:

The supply of money within an economy is done by the Central Bank of a country

In the United States this central bank is called the Federal Reserve.

The Federal Reserve are in twelve locations: New York, Boston, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St Louis, Minneapolis,.Kansas City, Dallas, and San Francisco.

The Federal Reserve uses the following tools to regulate money supply in the economy: interest rate, open market operations, and compulsory reserve deposits by banks.