Refer to the Figure Below

question 60

Multiple Choice

Refer to the figure below.If the Federal Reserve wants to raise the interest rate to 7%, it must ______ the money supply to _____.

• A)increase; 300
• B)decrease; 300
• C)increase; 900
• D)increase; 700

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Definitions:

Funding Availability

The extent to which financial resources are accessible for initiatives, projects, or organizations.

Federal Register

An official journal of the federal government of the United States that publishes government agency rules, proposed rules, and public notices.

Office of Grant

A department within an organization or government that is responsible for the administration and distribution of grant funds.

Federal Government

The national government of a federal country, which holds the authority to govern at a nation-wide level, separate from state or local governments.