Quantitative easing refers to open-market purchases of assets other than Treasury bills.

Question

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Quantitative easing (QE) involves the purchase of certain types of assets such as government bonds, corporate bonds, and mortgage-backed securities to increase the money supply and stimulate the economy. It is different from traditional monetary policy, which focuses on adjusting interest rates to influence borrowing and spending.

Quantitative Easing Refers to Open-Market Purchases of Assets Other Than