Which of the following is correct? Group of answer choices To implement expansionary monetary policy, the Fed announces an open market purchase. When the Fed buys government securities from a bank, it pays for the purchase by increasing the bank's reserves. When the Fed implements expansionary monetary policy, banks' reserves rise, and the supply of reserves in the interbank market increases. To implement expansionary monetary policy, the FOMC decreases the target range for the federal funds rate. When the Fed implements expansionary monetary policy, short-term interest rates fall and investment spending and consumption spending increase. All the above