Problem
1. How does the Fed increase and decrease the money supply through open market operations?
2. Define quantitative easing. How is it different from standard open market operations?
3. Why is it possible to change real economic factors in the short run simply by printing and distributing more money?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.