QUESTION 3 Your answer must be TYPED and submitted in the space below. Do NOT attach/submit separately. (elsewhere or vi
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QUESTION 3 Your answer must be TYPED and submitted in the space below. Do NOT attach/submit separately. (elsewhere or vi
QUESTION 3 Your answer must be TYPED and submitted in the space below. Do NOT attach/submit separately. (elsewhere or via email). [8 points] Compare and contrast the monetary policy response to the Financial Crisis of 2007-2008 vs. the Covid-19 Crisis, and the impact that some of the FED's action(s) had on the FED's Balance Sheet. Elaborate on the similarities and the differences. Make sure to provide specific actions and several examples (of both similarities & differences) to support your answer.