The ripple effects that occur when the Fed changes the federal funds rate include ________.
A. a decrease in consumption and investment
B. an increase in net exports
C. a decrease in interest rates
D. an increase in short-run aggregate supply
Answer:A
The ripple effects that occur when the Fed changes the federal funds rate include ________.
A. a decrease in consumption and investment B. an increase in net exports C. a decrease in interest rates D. an increase in short-run aggregate supply