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Define the policy of quantitative easing. Is this a policy that is consistent with the underlying assumptions behind the Real Business Cycle model, the Keynesian

Define the policy of quantitative easing. Is this a policy that is consistent with the underlying assumptions behind the Real Business Cycle model, the Keynesian Coordination Failure Model, or the Small Open Economy model? Why or why not?

(15 Marks)

PLEASE DO NOT ANSWER IF YOU ARE JUST GOING TO C0PY AND PA5TE. HAVE ORIGINAL ANSWERS PLEASE OR ELSE YOU WILL GET A BAD REVIEW! THANKS.

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