question archive The Federal Reserve's Open Market Committee has decided that the federal funds rate should be 2 percent rather than the current rate of 1

The Federal Reserve's Open Market Committee has decided that the federal funds rate should be 2 percent rather than the current rate of 1

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The Federal Reserve's Open Market Committee has decided that the federal funds rate should be 2 percent rather than the current rate of 1.5 percent. The appropriate open market action is to _____ Treasury bills to _____ money _____.

A. sell; decrease; demand.

B. sell; decrease; supply.

C. buy; decrease; supply.

D. buy; increase; demand.

Option 1

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