hat are the macroeconomic trends that did prompt the FOMC to end
the QE III but to keep the federal fund rate still at its historic low? You need
to give reasons for both of these policy measures.
Draw a supply-demand diagram of the Federal funds market, which
illustrates the effects of a massive treasury bill sale by the Fed in the open
f banks desire to increase their
but the Federal Reserve is not adding reserves to the banking system, what
will happen to the level of short term interest rates? Explain your answer