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.
Central bank; stability and safety of the system of banking
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.
