Multiple Choice
In the short run, if the Fed wants to raise the federal funds rate, it
A) instructs large commercial banks to sell government securities in the open market.
B) instructs the New York Fed to sell government securities in the open market.
C) tells large commercial banks to raise their interest rates.
D) instructs the New York Fed to sell government securities in the foreign exchange market.
E) instructs the New York Fed to buy government securities in the open market.
Correct Answer:

Verified
Correct Answer:
Verified
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