________ occurs when the Fed creates a large amount of reserves to buy long-term bonds from banks.

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________ occurs when the Fed creates a large amount of reserves to buy long-term bonds from banks.

________ occurs when the Fed creates a large amount of reserves to buy long-term bonds from banks.

▸ Money illusion

▸ Quantitative easing

▸ Monetary neutrality

▸ A budget surplus

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

Read 42 times

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