After the recession of 2007-09, the Fed started something called quantitative easing, which had the goal of lowering long-term interest rates. In order to reach this goal, the Fed had to:

Question 21 options: increase their demand for long-term bonds, which will increase bond prices

decrease their demand for long-term bonds, which will increase bond prices

decrease their demand for long-term bonds, which will lower bond prices

increase their demand for long-term bonds, which will lower bond prices