The Fed began paying interest on reserves in October 2008. Holding all else constant, what effect would this have on the money supply?

Name: The Fed began paying interest on reserves in October 2008. Holding all else constant, what effect would this have on the money supply?
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The Answer of The Fed began paying interest on reserves in October 2008. Holding all else constant, what effect would this have on the money supply?

The Fed Began Paying Interest on Reserves in October 2008