In the United States, who has the greatest influence on the value of the U.S. dollar?
A) The World Bank
B) The International Monetary Fund
C) The Federal Reserve
D) The European Central Bank
E) The United Nations (U.N.)
Answer: C
Explanation: C) In managing the money supply and interest rates, the Fed strongly influences the dollar's strength against other currencies. The European Central Bank (ECB) has the same role in the euro zone.
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