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Respond to the following prompts in a post with a minimum of 150 words, commenting on other posts is recommended but optional. . Since the end of the Great Recession of 2008, interest rates have been

Respond to the following prompts in a post with a minimum of 150 words, commenting on other posts is recommended but optional. . Since the end of the Great Recession of 2008, interest rates have been at historic lows-in some cases, close to zero. How is expansionary monetary policy, or more specifically a open market purchase, supposed to work? How do near-zero interest rates limit the ability of expansionary monetary policy to work? In your opinion, how effective has the Fed's policy been as a response to the Great Recession of 2008 and more recently the Covid 19 Recession? Please share evidence/article to support your position. 

Apr 16 2021 View more View Less

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