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Question 17 (Mandatory) (2.5 points) (Hypothetical) Suppose the Fed's Open Market Committee has decided that the federal funds rate should be 1% instead of the

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Question 17 (Mandatory) (2.5 points) (Hypothetical) Suppose the Fed's Open Market Committee has decided that the federal funds rate should be 1% instead of the current rate of 2%. The appropriate open market action is to __ Treasury bills to _ _ _ money sell; decrease; supply buy; increase; supply Osell; decrease; demand buy; increase; demand Question 18 (Mandatory) (2.5 points) A central bank can help stop a bank panic by raising the required reserve ratio. Oacting as a lender of last resort. calling in consumer loans. decreasing income taxes

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