When the Fed increases the federal funds target rate:

1)	it increases consumers' wealth.

2)	the dollar depreciates.

3)	it decreases bank lending.

4)	None of the answers are correct.

The Federal Reserve has a(n) _____ inflation target of about ____ percent.

1)	explicit; 2

2)	explicit; 4

3)	implicit; 4

4)	implicit; 1 to 2