[Steps Shown] (a) Is it good for the U.S. economy that the U.S. supply of money is controlled by the Federal Reserve? Explain. (b) Identify a banking service,


Question: (a) Is it good for the U.S. economy that the U.S. supply of money is controlled by the Federal Reserve? Explain.

(b) Identify a banking service, and explain how it helps businesses and the U.S. economy.

(c) Would an increase in U.S. government regulation of banking help the U.S. economy? Briefly discuss.

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