Question

The government institution that has responsibility for the amount of money and credit supplied in the economy as a whole is theA) Central bank.B) Commercial bank.C) Bank of settlement.D) Treasury Department.

Answer 1

Answer: Central Bank

Explanation:

The central bank is an independent financial government institution that has the responsibility of controlling the amount of money that flows in a particular country's economy.

The central bank also plays the role of regulating the activities commercial banks situated in a country.