"As Greenspan Chases Inflation, Critics Shout, 'Faster!'
"For weeks, the Fed has broadcast its intention to raise interest rates glacially." The Fed was moving slowly, according to an economist because "... the declining price of oil, economic fundamentals, incl productivity and global competition, will keep inflation in check." The Fed, recognizing that the eco was improving stated it planned to "respond to changes in economic prospects as needed to fulfill i obligation to maintain price stability." Other economists disagree with the Fed's restrained policy "mistake."
Www)nytimes, 7/1/20
As a result of the Fed's policy, the Fed will securities on the open market and .
A) sell; increase reserves
B) sell; decrease reserves
C) buy; decrease reserves
D) buy; increase reserves

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The Answer of "As Greenspan Chases Inflation, Critics Shout, 'Faster!'
"For weeks, the Fed has broadcast its intention to raise interest rates glacially." The Fed was moving slowly, according to an economist because "... the declining price of oil, economic fundamentals, incl productivity and global competition, will keep inflation in check." The Fed, recognizing that the eco was improving stated it planned to "respond to changes in economic prospects as needed to fulfill i obligation to maintain price stability." Other economists disagree with the Fed's restrained policy "mistake."
Www)nytimes, 7/1/20
As a result of the Fed's policy, the Fed will securities on the open market and .
A) sell; increase reserves
B) sell; decrease reserves
C) buy; decrease reserves
D) buy; increase reserves