Suppose That the Bank of Canada Has Set a Target

Suppose that the Bank of Canada has set a target for the overnight rate.If initially the equilibrium interest rate happens to be higher than the target interest rate,then the Bank of Canada should _____ Treasury bills in the open market,_____ the money supply,shift the supply of money curve to the _____,and _____ the interest rate to the target rate.

A) sell;decrease;left;raise
B) purchase;decrease;left;lower
C) purchase;increase;right;lower
D) sell;increase;left;raise