The graph shows an equilibrium in the market for reserves. An open market purchase would shift the supply curve to the and cause the federal funds rate to A. right, fall OB. right, rise OC. left, rise OD. left fall Hint: Click on the graph to utilize the graph interactions feature. Select a curve to shift and move the slider in the direction of the shift to draw in the new curve. Federal Funds Rate Quantity of Reserves. R RY OU

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