Which of the following can compromise the effectiveness of Federal Reserve monetary policy initiatives? I. Time disparities between economic changes and the impact of Fed policy directives II. Constraints that lie beyond the Fed's control, such as lending fatigue and borrower resistance III. Unforeseen events, such as the 2008-09 financial crisis and the Covid pandemic Question 3Select one: a. I only b. I and II only c. I and III only d. I, II, and