Federal Reserve float: is DACI minus CIPC. Represents credit extended to the banking system by the FED. represents a net liability of the Federal Reserve. is the best beverage in town. Generally, plant and equipment investment spending by the business sector is impacted by which of the following factors? tax law changes which affect after tax real costs of investment. the level of interest rates in the financial markets. expected rates of return on potential investment projects available to business. all of the above impact plant and equipment investment spending by the business sector. none of the above impact investment spending by business. A decrease in the monetary base is normally related to a(n). decrease in credit availability in the banking system. increasing interest rates in the economy. decrease in Fed assets. all of the above will decrease the monetary base. a and b only will decrease the monetary base. A decrease in reserve requirements in the banking system will cause: excess reserves to decrease. bond prices to fall. an increase in the Fed Funds rate. State and local government expenditures and borrowing to fall. none of the above. An increase in depository institutional excess reserves will cause: the Fed Funds rate to rise. New housing construction and sales to fall. depository institutions to lend more freely. foreign investors to buy more T-bills. all of the above to occur