Question 22 O pts Optional: 5 points extra credit Prior to the global financial crisis, the Fed manded the fed funds rate through (Select) in a framework of Select ] bank reserves. Since the global financial crisis, under the new framework of (Select) bank reserves, the Fed has managed the fed funds rate through a double floor system, effectively managing the policy rate within a range. In doing do, the Fed sets the (Select] as the first floor (.e. the top of the range), and the Select] as the second floor (i.e. the bottom of the range) D Question 22 O pts Optional: 5 points extra credit nds rate through bank [Select ] open market operations interest paid on reserves overnight reverse repo transactions work of led the fed funds rate rate within a range. In hrst floor (i.e. the top of * as the second floor (j.e. the bottom of the range), and the Select the range) Question 22 O pts Optional: 5 points extra credit Prior to the global financial crisis, the Fed m vrough [Select) in a framework [Select ] bank reserves. Since the global financial crisis, un ample I Select) bank reserves limited funds rate through a double floor system, effectively managing the policy rate within a range. In doing do, the Fed sets the [Select] as the first floor (ie the top of the range), and the Select] the range) as the second floor (ie the bottom of D Question 22 O pts Optional: 5 points extra credit Prior to the global financial crisis, the Fed managed the fed funds rate through Select) in a framework of (Select] bank Cel financial crisis, under the new framework of [Select] bank reserves, the Fed has managed the fed funds rate ample stem, effectively managing the policy rate within a range. In limited e Select as the first floor (.e. the top of the range), and the Select] as the second floor (l.e. the bottom of the range) D Question 22 O pts Optional: 5 points extra credit Prior to the global financial crisis, the Fed managed the fed funds rate through [ Select) in a framework of [Select) bank reserves. Since the global financial crisis, under the new framework of Select) bank reserves, the Fed has managed the fed funds rate through a double floor doing do, the Fed sets ge. In top of [ Select over night reverse repo rate interest rate paid on reserves the range), and the tom of the range) Question 22 O pts Optional: 5 points extra credit Prior to the global financial crisis, the Fed managed the fed funds rate through [Select ] in a framework of [Select] bank reserves. Since the global financial crisis, under the new framework of [ Select bank reserves the Fed has managed the fed funds rate through a double floor system, effectively managing the policy rate within a range. In doing do, the Fed sets the Select] as the first floor (.e. the top of the bottom of the range), and VI Select] the range) over night reverse repo rate interest rate paid on reserves