Question

The central bank of the United States. As such, it monitors economic and financial conditions — such as the volume of bank deposits and withdrawals, the cost of money and credit, unemployment levels, inflation rates, and world economic conditions — and applies controls or pressures to influence the amount of money and credit available.

a) FDIC
b) IRS
c) Federal Reserve
d) SEC

Answer 1

The central bank of the United States is the Federal Reserve. It monitors economic and financial conditions and applies controls to influence the amount of money and credit available.

Step-by-step explanation:

The central bank of the United States is the Federal Reserve. It is responsible for monitoring economic and financial conditions, such as bank deposits and withdrawals, the cost of money and credit, unemployment levels, inflation rates, and world economic conditions. The Federal Reserve applies controls or pressures to influence the amount of money and credit available in the economy.