Question 8 Not yet answered Paints out of 1.00 v Flag question Data Hunt (questions 8-9) Go to the Federal Reserve. Use the link below to answer the following questions. https://www.federalreserve.gov/monetarypolicy/policytools.htm What was the federal funds target (i.e., objective) as Nov 1, 2008? (ex: if the fed funds target is 6% then enter 6.00. If the target is 5.75% then enter 5.75) Answer: Question 9 Not yet answered Points out of 1.00 Flag question What was the effective federal fed funds rate for Nov 1, 20087 (ex: if the effective fed funds rate is 6.75% then enter 6.75. If the rate is 0.1% the enter 0.10) Try this site to get this historic data: https://fred.stlouisfed.org