How was the fed able to use its new monetary policy tools to increase the federal funds rate in december 2015?
a. the fed raised the rate it pays on excess reserves.
b. the fed raised the rate it pays on reverse purchase agreements.
c. the fed established a new federal funds rate.
d. the fed raised the rate it pays on excess reserves and reverse purchase agreements.
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b. both chefs are correct.
movement up and to the left along the demand curve for tablets.
yes, what about it?