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2. (6 points) Post-Great Recession, many central banks bought long-term bonds as a way to stimulate the economy. In class we spoke about two channels

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2. (6 points) Post-Great Recession, many central banks bought long-term bonds as a way to stimulate the economy. In class we spoke about two channels through which these purchases could affect the economy. Identify these two channels. In addition, have these channels been having a significant effect on the economy (particularly investment)? Why or why not

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