QUESTION 2 if the FOMC wishes to raise the interest rate using open market operations should they increase or decrease the supply of the monetary base? O INCREASE OB DECREASE Open market operations does not effect supply. OD. None of the above QUESTION 3 if the FOMC wishes to decrease the supply of the monetary base, should they buy or sell bonds O A BUY OB SELL O. Neither buying nor selling will be effective OD. None of the above QUESTION 4 if the FOMC decides to sell bonds what will this do to the economy? O A DPANDI OB CONTRACT ONeither OD. None of the above