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Over the month of March 2020, in an attempt to deal with the economic slowdown caused by the coronavirus, the Fedannounced and implemented a new
Over the month of March 2020, in an attempt to deal with the economic slowdown caused by the coronavirus, the Fedannounced and implemented a new QE (Quantitative Easing) program with an immediate $80 billion buy.
Do you think the $80 billion buy had an effect on the money supply? If your answer is yes,please explain the size and nature of the possible effect.
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