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Question
in the united states, what agencys job is it to manage inflation? the executive (the president) the treasury (the federal mint) the internal revenue service (tax collecting agency) the federal reserve (the central bank) what is a way the above agency does not try to manage inflation? set interest rates adjust reserve requirements balance the budget limit printing of new money
The Federal Reserve, as the central - bank of the United States, has the mandate to manage inflation through monetary policy tools like setting interest rates, adjusting reserve requirements, and controlling the money supply. Balancing the budget is more related to fiscal policy which is typically the responsibility of the legislative and executive branches, not the Federal Reserve.
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- D. The Federal Reserve (the central bank)
- C. Balance the budget