Now think about central banks like the Fed, that do not typically try to directly affect their currency's exchange rate. When the Fed loosens monetary policy, which of the three markets: the domestic market for goods and services, the domestic asset market, and the global foreign-exchange market does it act in? What does it sell? What does it get/buy in return? Which components of GDP (C, I, G, and NX) are likely affected as a result, and in which direction?