Match the three major monetary agencies of the Executive Branch of the United States to their description.

Question

1.
The U.S. Treasury

2.
The Federal Reserve

3.
The Securities & Exchange Commission
a.
Serves as the nation’s central bank, influences U.S. monetary policy, determines interest rates, and works to keep inflation in check.
b.
Prints paper money, creates coins and runs the Internal Revenue Service, which collects federal income taxes.
c.
Created after the stock market crash of 1929, is responsible for maintaining the strength of the U.S. stock and commodities markets.

Answer 1

1. The U.S. Treasury - b. Prints paper money, creates coins and runs the Internal Revenue Service, which collects federal income taxes.

2. The Federal Reserve - a. Serves as the nation’s central bank, influences U.S. monetary policy, determines interest rates, and works to keep inflation in check.

3. The Securities & Exchange Commission - c. Created after the stock market crash of 1929, is responsible for maintaining the strength of the U.S. stock and commodities markets.