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If the Current Market Federal Funds Rate Is in the Target

Question 14

Multiple Choice

 If the current market federal funds rate is in the target rate range and the demand for reserves decreases, the likely response in the federal funds market will be: ?


A)  the market federal funds rate will decrease.?
B)  the market federal funds rate will equal the target rate.?
C)  the market federal funds rate will increase.?
D)  nothing; the reserve supply is so high that the market federal funds rate will be unchanged.

Correct Answer:

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