Which statement describes the role of the Federal Reserve System?

a. It prints all the paper money in circulation in the United States.

b. It proposes bills to Congress on monetary policy.

c. It safeguards the U. S. reserves of gold bullion.

d. It controls the supply of money in the United States.

Question

History

Rowan Jones

21 August, 17:05

Which statement describes the role of the Federal Reserve System?

a. It prints all the paper money in circulation in the United States.

b. It proposes bills to Congress on monetary policy.

c. It safeguards the U. S. reserves of gold bullion.

d. It controls the supply of money in the United States.

+1

Answers (1)

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Donavan Flowers · Answer 1

"d. It controls the supply of money in the United States" would best describe the role of the Federal Reserve System, since it's goal is to keep the economy growing while keeping inflation around only 2%.

Which statement describes the role of the Federal Reserve System?a. It prints all the paper money in circulation in the United States.b. It proposes bills to Congress on monetary policy.c. It safeguards the U. S. reserves of gold bullion.d. It controls the supply of money in the United States.