# # Federal Funds Rate 9 7 5 3 1 S D 150 200 250 300 350 Quantity of Reserves If the Fed conducts an open market sale of $25, what will the Fed Fund rate change to? Do not use the % in your answer. Note: the graph lines don't intersect perfectly. Assume they do. 8 Integer, decimal, or E notation allowed
# # Federal Funds Rate 9 7 5 3 1 S D 150 200 250 300 350 Quantity of Reserves If the Fed conducts an open market sale of $25, what will the Fed Fund rate change to? Do not use the % in your answer. Note: the graph lines don't intersect perfectly. Assume they do. 8 Integer, decimal, or E notation allowed
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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