Question

[The Congress shall have Power . . . ] To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures; . . .

—Article I, Section 8, Clause 5, The U.S. Constitution

This excerpt from the Constitution grants Congress "coinage power." Which part of the federal government is responsible for supplying paper money?

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Federal Reserve

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Social Security Administration

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Internal Revenue Service

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Federal Emergency Management Agency

Answer 1

Federal Reserve