Question

select the supply of reserves, the upper end of the demand for reserves, lower end of the demand for reserves, or both the upper and lower end of the demand for reserves. then selected the direction of the shift. score: 400 the federal reserve increases administered rates. policy rate; pr; quantity of reserves; s_r; d_r; upper end; lower end

Explanation:

Administered rates set by the Fed include the interest on reserve balances (which forms the upper end of the demand for reserves) and the overnight reverse repurchase agreement rate (which forms the lower end of the demand for reserves). When the Fed increases these administered rates, both the upper and lower bounds of the demand curve for reserves shift upward, as these rates define the minimum and maximum opportunity costs for holding reserves.

Answer:

Both the upper and lower end of the demand for reserves; shift upward