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The rightward shift in reserve demand depicted in the figure on the right most likely resulted from O A. an open market purchase. B. an

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The rightward shift in reserve demand depicted in the figure on the right most likely resulted from O A. an open market purchase. B. an open market sale OC. an increase in required reserves OD. a decrease in required reserves When reserve demand is in the figure on the right, borrowed Federal Funds Rate, 6.55 R reserves are 55 - 1 45 1 1 OA. 541 billion OB. 540 billion O C. 50 OD. 51 billion $40 bil $41 bil Quantity of Reservs, When reserve demand is in the figure on the right, borrowed reserves are O A $40 billion OB. $1 billion OC. 541 billion D. SO

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