Which of the following tools would have likely have the impact of raising short-term interest rates the

Question:

Which of the following tools would have likely have the impact of raising short-term interest rates the most?

a. Cutting the Fed Funds target by one-quarter point.

b. Buying $1 million dollars in bonds.

c. Raising the reserve requirement from 8 percent to 15 percent.

d. Raising personal income tax rates by one percentage point each.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: