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: 500 the federal reserve changes administered rates to fight unemployment. policy rate pr quantity of reserves s_r upper end d_r lower end

Explanation:

To fight unemployment, the Federal Reserve will lower administered rates (the upper and lower ends of the reserve demand curve, which correspond to rates like the discount rate and interest on reserves). Lowering these rates shifts both the upper and lower ends of the demand for reserves downward, which reduces overall policy rates to encourage lending and employment.

Answer:

1. Select both the upper and lower end of the demand for reserves
2. Shift both ends downward