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1.Identify and explain the Monetary Equation ?What are its economic implications? Based on the theory, explain the rationale for Quantitative Easing and its potential and

1.Identify and explain the Monetary Equation?What are its economic implications? Based on the theory, explain the rationale for Quantitative Easing and its potential and continuing impact on the economy? How do you evaluate the actions of the Federal Reserve with respect to COVID-19? What are the prospects for the implementation of the 'Modern Monetary Theory'?

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