Since the 2008 recessiоn , the discоunt rаte (id), the federаl funds rаte (iff), and the interest оn reserve balances (ier) have played a crucial role in the Fed's monetary policy. Consider the following three rates: 3.50%, 4%, 4.75% Which choice lists these rates correctly? (Hint: Each of the percentages represents one of the rates the Fed uses. Use what you know about each rate to determine which one should be the smallest, largest, etc.)