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In late 2008, the Fed purchased $300 billion in long-term Treasury securities and $1.25 trillion in mortgage-backed securities. What was the name given to these
In late 2008, the Fed purchased $300 billion in long-term Treasury securities and $1.25 trillion in mortgage-backed securities. What was the name given to these types of purchases? Choose one: A. reserve injections B. quantitative easing C. discount loans D. open market purchases
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