Question: 1. Read this article (https://www.bankofcanada.ca/2020/12/understanding-quantitative-easing/) about understanding quantitative easing and answer the following. A. How is this approach different from changing policy rates? B. How

1. Read this article (https://www.bankofcanada.ca/2020/12/understanding-quantitative-easing/) about understanding quantitative easing and answer the following.

A. How is this approach different from changing policy rates?

B. How does asset purchasing programs affect bond prices and bond yields?

C. How does asset purchasing programs change the balance sheet of the central bank?

Please answer accordingly (A, B, and C) and in the same order. Thank you

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