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According to the quantity theory of money, ultimate control over the rate of inflation in the United States is exercised by:

A. private citizens.
B. the Fed.
C. the U.S. Treasury.
D. the Organization of Petroleum Exporting Countries (OPEC).

Answer :

jleanon

Answer:

The Federal Reserve

Explanation:

According to the quantity theory of money, ultimate control over the rate of inflation in the United States is exercised by the Federal Reserve

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