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Solve the following problem using Python, implementing the functions described below, one line at a time
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Description:
 def iterate(self, iterable, element_timeout=None):
 """ Iterate over an iterable. The iterator is executed in the host thread. The threads dynamically grab the elements. The iterator elements must hence be picklable to be transferred through the queue. If there is only one thread, no special operations are performed. Otherwise, effectively n-1 threads are used to process the iterable elements, and the host thread is used to provide them. You can specify a timeout for the clients to adhere. """

        self._assert_active()
        with self._queuelock:
            # Get this loop id.
            self._thread_loop_ids[self._thread_num] += 1
            loop_id = self._thread_loop_ids[self._thread_num]
            # Iterate.
            return _IterableQueueIterator(
                self._iter_queue, loop_id, self, iterable, element_timeout
            )