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30 June, 23:24

Which executive department is responsible for producing currency, borrowing money, and managing the public debt? the Department of Labor

the Department of State

the Department of Commerce

the Department of Treasury

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  1. 1 July, 01:49
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    The Department of Treasury is responsible for producing currency, borrowing money, and managing the public debt.

    Answer: Option D

    Explanation:

    The Treasury Department has to authority to print currency, mint the coins and maintain their circulation. They used to collect federal taxes and providing advice on fiscal policies to the legal branch of the department.

    In addition, the department of treasury is also responsible for currency production, money lending, and the public debts management. On the other side, they provided their services to the other federal government's agencies also.
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