"Fed Chair Jerome Powell said he supports a traditional quarter-point increase in the Federal Reserve's benchmark short-term interest rate when the Fed meets later this month, rather than a larger increase that some of its policymakers have proposed." - ABC News, March 2, 2022 If the Federal Reserve increases the Federal Funds Rate this month, then which of the following is likely to happen in the US economy? O Money supply will decrease and aggregate demand will decrease O Money supply will increase and aggregate demand will increase O Money supply will decrease and aggregate demand will increase Money supply will increase and aggregate demand will decrease

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