Question

The ___________________ is the institution designed to control the quantity of money in the economy and also to oversee the . FOMC; passing of tax and spending bills. Central Bank; safety and stability of the banking system. FFIEC; day-to-day democratic control of policy. FDIC; responsibility for deposit insurance.

Answer 1

Central bank; stability and safety of the system of banking

Step-by-step explanation:

• A key job of central banks is to direct financial strategy to accomplish value strength (low and stable expansion) and to help oversee monetary changes.
• The motivation behind such open market tasks is to control momentary financing costs, which thus impact longer-term rates and in general monetary action.