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Consider the market for​ reserves, and suppose that the supply curve currently intersects the demand curve in the​ downw

Posted: Thu May 19, 2022 8:06 am
by answerhappygod
Consider the market for​ reserves, and suppose that the
supply curve currently intersects the demand curve in
the​ downward-sloping section of the demand curve. What
happens to the federal funds rate if the Fed increases the interest
rate it pays on​ reserves?
A.
If the increase in the interest rate on reserves is​ small,
the federal funds rate will increase
B.
The federal funds rate will definitely decrease
C.
The federal funds rate will definitely increase
D.
If the increase in the interest rate on reserves is​ large,
the federal funds rate will increase