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What role did QE play in the Fed's response to the Great Recession? How did QE impact 1) The composition of the Fed's balance sheet

What role did QE play in the Fed's response to the Great Recession? How did QE impact 1) The composition of the Fed's balance sheet 2) The Fed's profits? What forms of unconventional monetary policy has the Fed pursued in response to the pandemic? Do you believe these actions have been effective so far? Why or why not?

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