The agency responsible for regulating the U.S.monetary system is the
A)U.S.Treasury
B)Federal Reserve
C)Department of Justice
D)Federal Trade Commission

Question

Quizplus · Accepted Answer

The Federal Reserve is responsible for regulating the U.S. monetary system, including setting interest rates, controlling the money supply, and supervising banks. The U.S. Treasury is responsible for collecting taxes and managing the government's finances, but it does not regulate the monetary system. The Department of Justice and Federal Trade Commission are responsible for enforcing antitrust laws and promoting fair competition in business, but they do not regulate the monetary system.

The Agency Responsible for Regulating the U