Question 22/Multiple Choice Worth 4 points) (03.04 MC) A news headline reads, "Time for change: let free market forces determine the money supply." Which statement offers a valid claim in direct opposition to this headline' a stable money supply.as it controis fiscal policy and the federal budget Congress should lose its role in fiscal policy as it often fails to control the money supply The Fed should be controlled by the people as money supply changes should be publicly voted upon The Fed is essential to a stable economy as an unregulated money supply can spike inflation

## Step 1<br />The problem presents a news headline that advocates for the free market to determine the money supply. This implies a belief in minimal government intervention in the economy, particularly in monetary policy.<br /><br />## Step 2<br />The task is to identify a statement that directly opposes this headline. This means we need to find a statement that advocates for government control or regulation of the money supply.<br /><br />## Step 3<br />Looking at the options, the statement "The Fed is essential to a stable economy as an unregulated money supply can spike inflation" is the one that directly opposes the headline. This statement suggests that the Federal Reserve (the Fed) is necessary to prevent inflation caused by an unregulated money supply, which implies a belief in the importance of government regulation in monetary policy.