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Business, 11.12.2019 04:31 lilianamichelle41

Match the reasons why the effects of expansionary monetary policy were limited during each u. s. recession. great recession new bank regulations meant the downturn was at least partially due to a shift in long-run aggregate supply. the fed did little to proactively offset the fall of the m2 money supply. massive bank failures and money held outside of the banking system resulted in a reduced money multiplier. monetary policy was mostly expected by the public. great depression

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