Which of the following tools would have likely have the impact of raising short-term interest rates the
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Which of the following tools would have likely have the impact of raising short-term interest rates the most?
a. Cutting the Fed Funds target by one-quarter point.
b. Buying $1 million dollars in bonds.
c. Raising the reserve requirement from 8 percent to 15 percent.
d. Raising personal income tax rates by one percentage point each.
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c Raising the reserve requirement from 8 percent to ...View the full answer
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