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Discuss the method of quantitative easing used by the Federal Reserve during the most recent U.S. recession, including any criticisms of this action? and Define

Discuss the method of quantitative easing used by the Federal Reserve during the most recent U.S. recession, including any criticisms of this action?

and

Define and contrast contractionary monetary policy and expansionary monetary policy and their respective economic outcomes. Explain what happens if the affects of either of these policies goes too far.

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