Changes in the Federal Funds Rate Usually Result in

Multiple Choice

Changes in the federal funds rate usually result in

A) changes in both short-term and long-term interest rates with more of an effect on short-term interest rates.
B) changes in both short-term and long-term interest rates with more of an effect on long-term interest rates.
C) changes in both short-term and long-term interest rates with equal effect on both.
D) no change in either short-term or long-term interest rates.