Read Dollars & Sense Real World Macro Article by Alejandro

 Read Dollars & Sense Real World Macro Article by Alejandro Reuss. please write 300 words. 

 

  1. According to Keynes, what were the key limitations of monetary policy, as a response to an economic downturn? 
  2. If these were well described many decades ago, why did governments rely on monetary policy in responding to the Great Recession?
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