Chapter 14, Problem 4AA

To determine

To choose: The term that best completes the given sentence.

Explanation of Solution

The correct answer is issue.

Seven denominations of paper currency in American come in: $\$\text{1},\$\text{2},\$\text{5},\$\text{1}0,\$\text{2}0,\$\text{5}0,\text{ and}\$\text{1}00$ . The Bureau of Engraving and Printing makes money from paper. It also redesigns the money with new looks and improved security features. It also provides protections to discourage counterfeiting.

The Federal Reserve commands newly funds from the Engraving and Printing Office, Which manufactures and ships corresponding currencies directly to Reserve Banks.

Economics Concept Introduction

Introduction: Monetary policy is basically related to the central bank activities or authorities of regulatory which determine the money flow range and growth rate. For example, the responsibility for controlling US financial policy, and executed by the Federal Reserve.