Distinguish between market operation and quantitative easing
Problem
Distinguish between open market operations and quantitative easing or tightening as tools of monetary policy and briefly comment on the usefulness of "forward guidance" as a new tool of monetary policy.
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Distinguish between open market operations and quantitative easing or tightening as tools of monetary policy.
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What is the optimal seat configuration that maximizes AA's expected profit from the circuit? Use psi sim param function to find the answer.
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