(ii) Briefly describe the unconventional policy of quantitative tightening (tapering)? How is it different or similar...

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(ii) Briefly describe the unconventional policy of quantitative tightening (tapering)? How is it different or similar to our conventional understanding of a contractionary monetary policy through the use of open market operations? How are both types of policies different or similar to the policy of "Operation Twist? Explain. (ii) Briefly describe the unconventional policy of quantitative tightening (tapering)? How is it different or similar to our conventional understanding of a contractionary monetary policy through the use of open market operations? How are both types of policies different or similar to the policy of "Operation Twist? Explain.

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Quantitative tightening also known as tapering is an unconventional monetary policy tool used by central banks to reduce the size of their balance she... View the full answer