Question 14 3 pts What is the advantage of open market operations? O a) The Federal Reserve cannot control the volume of money aggregates that they want to increase/decrease. O b) Easy to reverse. O c) Not flexible. O d) Cannot implement quickly. Question 15 According to the Fisher effects, if the expected inflation rate is 1.2 percent per and the nominal risk-free rate is 5 percent per year then the closest real risk-fr is