PLEASE HELP! How did the Federal Reserve's tight monetary policy affect the economy? Select one: a. It reduced interest rates, which discouraged spending. b. It reduced the money supply, which limited

PLEASE HELP!

How did the Federal Reserve's tight monetary policy affect the economy?

Select one:
a. It reduced interest rates, which discouraged spending.
b. It reduced the money supply, which limited the amount of money in circulation.
c. It reduced the percentage required to buy stock on margin, which increased speculation.
d. It reduced the federal funds rate, which increased the amount banks held in reserve.

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