ABC Bank decided to raise interest rates on new loans because it does not want to run short on reserves. The bank does not approve of the new rates it would see in the overnight lending market. What Federal Reserve action MOST LIKELY influenced ABC Bank's decision? A increasing the reserve requirement B selling bonds on the open market C decreasing the federal funds rate D decreasing the discount rate
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ABC Bank decided to raise interest rates on new loans because it does not want to run short on reser...
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