The body responsible for carrying out monetary policy in the United States is th
ID: 1215750 • Letter: T
Question
The body responsible for carrying out monetary policy in the United States is the U.S. Treasury. Federal Advisory Council. U.S. Congress. Federal Reserve Board The Fed controls GDP directly through government spending. indirectly through the foreign exchange market. indirectly through the money supply. indirectly through tax collections. When the Federal Reserve decreases the minimum reserve ratio, this will decrease aggregate demand. increase the money supply. decrease excess reserves. increase the discount rate.Explanation / Answer
17. (d) Federal Reserve Board
18. (c) indirectly through the money supply
19. (b) increase the money supply. When federal reserve decreases the minimum reserve ratio then banks are left will more money then their lending increases which increases the supply of money.