The ___________________ is the institution designed to control the quantity of money in the economy and also to oversee the:
A. FOMC; passing of tax and spending bills.
B. Central Bank; safety and stability of the banking system.
C. FFIEC; day-to-day democratic control of policy.
D. FDIC; responsibility for deposit insurance.
Answer:B
The ___________________ is the institution designed to control the quantity of money in the economy and also to oversee the:
A. FOMC; passing of tax and spending bills. B. Central Bank; safety and stability of the banking system. C. FFIEC; day-to-day democratic control of policy. D. FDIC; responsibility for deposit insurance.
Explanation: Type: Multiple Choice