In response banks that survived the crisis stopped lending. Graph the Federal Funds market before and after they stopped lending. Start with a discount rate of 6%, a Fed. Funds rate of 3% and the Fed paying 2% on reserves. 17. 18. 19. Graph the money market before and after banks stopped lending assuming the Federal Reserve did nothing. 20. 21. 22. 23. Had the Fed done nothing this would have caused what