1. Much of the money creation in the U.S. economy is done through actions of _____ and _____. savings banks; credit unions the Federal Reserve; commercial banks the U.S. Mint; the Bureau of Printing and Engraving the stock market; the purchasers of bonds

Respuesta :

Much of the money creation in the U.S. economy is done through actions of the Federal Reserve and commercial banks.

How is money created?

Money is created when money is minted by the Federal Rserve. Also, through the control that the Federal reserve has on commercial banks through the reserve ratio, money is also created in the economy.

Money is created when deposits keep money in the bank and the banks loan out the money.

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