Greetings!

I could use some assistance with a couple of SHORT response questions concerning topics in ECON-2 (Macroeconomics).

I PLEASE also ask to not include any AI sources in your responses. They will NOT assist me in this. Just kindly ask for human assistance, thank you so much for understanding!

• What happens to the Money Supply when the Federal Reserve cuts the Federal Funds Rate? What happens to the Money Supply when the Federal Reserve raises the Federal Funds Rate?
• How are long term interest rates set? Are they controlled by the Federal Reserve?

Short answer for each is fine, thank you!