Asked by
Jatin Raghuvanshi
on Oct 12, 2024Verified
Our currency is issued by
A) the United States Treasury.
B) the Federal Reserve.
C) individual commercial banks.
D) the Internal Revenue Service.
Federal Reserve
The central banking system of the United States, responsible for monetary policy, regulating banks, maintaining the stability of the financial system, and providing financial services.
United States Treasury
It is the national treasury of the United States, responsible for issuing all Treasury bonds, notes, and bills and managing the federal government's revenue and debt.
- Acquire knowledge about the tasks and obligations the Federal Reserve and commercial banks hold in monetary policy execution.
Verified Answer
SB
Learning Objectives
- Acquire knowledge about the tasks and obligations the Federal Reserve and commercial banks hold in monetary policy execution.