Money market instruments

Which of the following accurately explains why the Federal Reserve established a price floor in the federal funds market?

To minimize systemic risk

To guarantee that interest rates do not rise so high as to cause inflation

To minimize credit risk

To guarantee that interest rates do not fall so low as to cause deflation

$$ are unsecured IOUs issued by large, well$-$known, and trusted corporations.

$$ is a financial arrangement whereby one party sells an asset with the agreement to repurchase it at a specific date in the future.

$$ are bank accounts denominated in a currency other than the currency of the country in which the depository institution resides.

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