Answer:
The correct answer is (d)
Explanation:
The Fed doesn't have exact power over the cash supply on the grounds that the multiplier connecting the fiscal base and the cash supply isn't exceptionally steady or unsurprising, particularly in the short run. The cash supply is at last constrained by people in general, the banks, and the Fed. People in general chooses the amount of the fiscal base they will store in banks and the amount they will hold as money in the hands of the general population.
