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Consider the market for reserves where i d = 8.25% and i ff =7%. If the Federal Reserve Bank elects to increase the discount rate
Consider the market for reserves where id = 8.25% and iff =7%. If the Federal Reserve Bank elects to increase the discount rate id to 9%; then the equilibrium rate in the market __ and the amount of NBR in the economy will __ Answer choices: A. doesn't change; decrease B. rises; rise C. doesn't change; not change D. rises; not change
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