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Assume that in the market for reserves, the rates are as follows: id> iff> ior.If there is a macroeconomic shock in the economy and commercial

Assume that in the market for reserves, the rates are as follows: id> iff> ior.If there is a macroeconomic shock in the economy and commercial banks suddenly require larger amounts of reserves, then the ______ curve for reserves will shift and the equilibrium rate will _______.

A) supply; fall

B) supply; rise

C) demand; fall

D) demand; rise

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