Question: Complete the following table: Effect on the Money Supply (up or down?) (A) up Federal Reserve Action Lower the discount rate Conduct open market purchase
Complete the following table:

Effect on the Money Supply (up or down?) (A) up Federal Reserve Action Lower the discount rate Conduct open market purchase Lower required reserve ratio Raise the discount rate Conduct open market sale Raise the required reserve ratio (C) up (D) down (E) down (F) down
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