Question 9 2 pts Let's say that in the post-COVID world, the government wants to stimulate the economy and encourage people to spend more. By so doing, they hope to ease forces related to economic recession. To use monetary policy to do this, the Fed should [ Select ] the IOER rate to encourage banks to v [ Select ] turn excess reserves into loans hold onto excess reservesQuestion 9 2 pts Let's say that in the post-COVID world, the government wants to stimulate the economy and encourage people to spend more. By so doing, they hope to ease forces related to economic recession. To use monetary policy to do this, the Fed should [ Select ] the raise IOER rate to encourage banks to [ Select ] lowerD Question 8 2 pts When the government buys/sells government bonds to/from banks, this is called [ Select ] v : the Fed currently * [ Select ] pays interest on excess reserves. does not payQuestion 8 2 pts When the government buys/sells government bonds to/from banks, this is called [ Select ] ed currently [ Select ] open market operations discount loans federal funds easy (expansionary) monetary policyQuestion 6 2 pts Consider an economy with the following information: Checking deposits $2000 Cash held by the public $400 Savings deposits $1100 Calculate its M1 money supply, assuming this is the only relevant information, carefully following all numeric instructions