Question 5 (3.2 points) On March 3, 2020, the Federal Open Market Committee held a meeting (unscheduled) and reported: "The fundamentals of the U.S. economy remain strong. However, the coronavirus poses evolving risks to economic activity. In light of these risks and in support of achieving its maximum employment and price stability goals, the Federal Open Market Committee decided today to lower the target range for the federal funds rate by 1/2 percentage point, to 1 to 1-1/4 percent." The appropriate open market action consistent with this description is to _____ Treasury bills to _____ sell; decrease bank reserves O purchase; increase bank reserves sell; decrease interest rates purchase; increase interest rates