QUESTION IMAGE
Question
- who sets monetary policy?
a legislative branch
b executive branch
c judicial branch
d federal reserve
n 4 of 5 (3 next
Brief Explanations
Monetary policy involves decisions about money supply, interest rates, etc. The Federal Reserve (the central bank in the US) is responsible for setting monetary policy. The legislative branch (Congress) makes laws, the executive branch (President, agencies) handles execution of policies (not monetary policy setting), and the judicial branch interprets laws. So the correct option is d.
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d. Federal Reserve