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(ii) Briefly describe the unconventional policy of quantitative tightening (tapering)? How is it different or similar to our conventional understanding of a contractionary monetary

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(ii) Briefly describe the unconventional policy of quantitative tightening (tapering)? How is it different or similar to our conventional understanding of a contractionary monetary policy through the use of open market operations? How are both types of policies different or similar to the policy of "Operation Twist? Explain.

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Quantitative tightening also known as tapering is an unconventional monetary policy tool used by central banks to reduce the size of their balance she... blur-text-image

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