What characteristics must a constitution have in order to be effective over time? it must be written in plain english. it must be detailed enough to cover every situation. it must be stable and adaptable. it must be able to be quickly changed to keep up with changing times.

Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.