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(TCO C) Answer the following questions regarding direct, sterilized and nonsterilized intervention. a. If most countries in Europe experience a recession, how might the European

(TCO C) Answer the following questions regarding direct, sterilized and nonsterilized intervention. a. If most countries in Europe experience a recession, how might the European Central Bank use direct intervention to stimulate economic growth? (10 points) b. What is the difference between sterilized and nonsterilized intervention? (10 points)

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