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 changes administered rates to fight inflation.

Explanation:

To fight inflation, the Federal Reserve raises administered rates. The upper end of the reserve demand curve is tied to the discount rate (the upper administered rate), and the lower end is tied to the interest on reserves (the lower administered rate). Raising both administered rates shifts both the upper and lower end of the demand for reserves upward.

Answer:

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