Question 29 Most of the time, the Fed conducts its monetary policy by buying/selling T-bills. In recent years, the Fed h

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Question 29 Most Of The Time The Fed Conducts Its Monetary Policy By Buying Selling T Bills In Recent Years The Fed H 1 (9.39 KiB) Viewed 29 times

Question 29 Most of the time, the Fed conducts its monetary policy by buying/selling T-bills. In recent years, the Fed has used some unconventional tools, such as buying long term Treasury bonds. Explain why was the Fed "forced to purchase long term Treasury Bonds instead of just purchasing T-bills. (2 points)