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Posted on Jun 06, 2024

To increase the federal funds rate the Fed: a- raises the interest rate it pays on required reserves. b- raises the interest rate it pays

To increase the federal funds rate the Fed:

a- raises the interest rate it pays on required reserves.

b- raises the interest rate it pays on excess reserves and the interest rate it offers on reverse purchase agreements.

c- raises the interest rate it offers on reverse purchase agreements.

d- raises the interest rate it pays on excess reserves

which one would it be?

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