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Selected Opinions of The Office of General Counsel For The Year of 2008. The selected opinions are listed in the table below in Opinion Number order.; There are three columns.
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Our paper reveals that the impact of QE1-an increase in commercial banks’ mortgage refinancing activity-had effects on local consumption and employment in the nontradable goods sector, but no overall employment effects. In contrast, QE3-driven increases in commercial and industrial lending and home mortgage originations translated into.
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