Please answer all questions or don't answer at all.

6. FOMC money supply level objectives are specified in the form of a: A) high end. B) low end. C) specific money supply level. D) target range. 7. To decrease money supply, the Fed could the reserve requirement ratio. A) increase B) stabilize C) reduce D) eliminate 8. A(n) in Federal Reserve float causes a(n) in bank reserves. A) increase; increase B) increase; decrease C) decrease; decrease D) increase or decrease; decrease 9. The consists of seven members, each of whom is appointed by the President of the United States. A) FOMC B) Federal Advisory Council C) Board of Governors D) none of these 10. An investor's tax rate is 30 percent. What must the beforetax yield on a security be to have an aftertax yield of 11 percent? A) 7.7 percent B) 15.71 percent C) 130 percent D) 11.00 percent E) none of these