Complete the following table Federal Reserve ActionEffect on the Money Supply (up or down ) Lower the discount rate Conduct open market purchase Lower required reserve ratio Raise the discount rate Conduct open market sale Raise the required reserve ratio ...

Complete the following table: Federal Reserve ActionEffect on the Money Supply (up or down?) Lower the discount

Question:

Complete the following table:
Federal Reserve ActionEffect on the Money Supply (up or down?)
Lower the open market purchase
Lower required reserve ratio
Raise the open market sale
Raise the required reserve ratio Discount Rate
Depending upon the context, the discount rate has two different definitions and usages. First, the discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal...