Answered

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The Federal Reserve is responsible for managing the federal budget.

Please select the best answer from the choices provided:
A. True
B. False

Sagot :

GinnyAnswer

Final answer:

The Federal Reserve, known as the Fed, manages the nation's monetary policy by influencing interest rates and credit conditions through tools like open market operations.


Explanation:

The Federal Reserve, also known as the Fed, is responsible for conducting the nation's monetary policy. This involves managing interest rates and credit conditions to influence economic activity. The Fed's tools include open market operations, setting reserve requirements, and controlling the discount rate.


Learn more about Federal Reserve and Monetary Policy here:

https://brainly.com/question/34221295


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