One Explanation as to Why Monetary Policy Did Not Have

question 49

Multiple Choice

One explanation as to why monetary policy did not have the intended effects on the economy during the Great Recession is that

• A) part of the recession was caused by a rightward shift in aggregate supply.
• B) monetary policy is ineffective in the short run.
• C) the monetary policy conducted during the Great Recession was mostly unexpected.
• D) part of the recession was caused by a leftward shift in aggregate supply.
• E) focus was on fiscal policy during the Great Recession.

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Equal Rights

The principle that all people should be treated equally under the law and have the same political, economic, social, and civil rights regardless of their background or characteristics.

Railroad Corporations

Business entities that own, operate, or manage railroads, playing a crucial role in the development of transportation and economic expansion.

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