Asked by Devon Westerlund on May 12, 2024
Verified
The primary tool used by the Federal Reserve to change the money supply is _____.
Federal Reserve
The central banking system of the United States, responsible for setting monetary policy, issuing currency, and supervising and regulating banks.
Money Supply
The overall level of financial resources available in an economy at a specific period, consisting of cash, coins, and funds in checking and savings accounts.
- Understand the primary tools and mechanisms the Federal Reserve uses to influence the money supply.
Verified Answer
AG
Learning Objectives
- Understand the primary tools and mechanisms the Federal Reserve uses to influence the money supply.