Saved Help Save& ExitSubmit Considering the market for bank reserves, how can the Fed control independently both the price and quantity of aggregate bank reserves in the post-2008 environment? The Fed can control the price of aggregate reserves in the market for reserves by changing the ek to selecty the Fed ICick to select nonbank participants in the federal funds market in order to deposit these funds at the IOER at the Fed. This process Cick to select) D. When 3.for example, banks would be willing to pay a(n) ick to selecty rate to borrow from 0the supply of aggregate reserves. It is reflected in CCis to select portion of the demand curve