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The Key Difference Between Quantitative Easing and a Typical Open

question 168

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The key difference between quantitative easing and a typical open market purchase is that quantitative easing:

Discern the difference between rational and irrational behavior in the context of economics.
Comprehend the importance of weighing marginal benefits against marginal costs.
Understand the principle of utility and how it motivates consumer behavior.
Acknowledge the scientific method as a process of inquiry in economics.

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