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During 2007-2009 the US economy has slipped into a recession fueled mainly by the burst of the bubble in the housing market and the crisis

During 2007-2009 the US economy has slipped into a recession fueled mainly by

the burst of the bubble in the housing market and the crisis in Wall Street. In response,

the Federal Reserve has been working on an expansionary monetary policy. What is the way in which the Fed has conducted this policy?

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