if the federal reserve decreased the money supply, what would the effects be? check all that…

if the federal reserve decreased the money supply, what would the effects be? check all that apply.\n\ndecreased interest rates\nincreased interest rates\ndecreased borrowing\nincreased borrowing\ndecreased investing\nincreased investing
Answer
Explanation:
Step1: Analyze money supply reduction
A decrease in the money supply shifts the money supply curve to the left, creating a shortage of money at the initial interest rate.
Step2: Determine interest rate effect
To restore equilibrium, the price of money (the interest rate) must rise to encourage people to hold less cash.
Step3: Evaluate borrowing impact
Higher interest rates increase the cost of loans, which discourages consumers and businesses from taking out new debt.
Step4: Evaluate investment impact
As the cost of capital increases due to higher interest rates, the expected return on many investment projects falls below the cost of borrowing, leading to a reduction in business investment.
Answer:
increased interest rates decreased borrowing decreased investing