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All else equal, what happens to the federal funds rate the following scenarios? a. The federal funds rate is 3%, and the Federal Reserve raises
All else equal, what happens to the federal funds rate the following scenarios? a. The federal funds rate is 3%, and the Federal Reserve raises IOR from 1% to 2%. Support your answer with a graph. b. The federal funds rate is 2%, and the Federal Reserve raises IOR from 2% to 2.5%. Support your answer with a graph
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