we know that United States is at least using both monetary policy (by lowering the interest rate
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Question:
we know that United States is at least using both monetary policy (by lowering the interest rate to be 0%) and fiscal policy (by having 2 trillion USD ready for spending on infrastructures).
Given the current condition with the corona virus pandemic still ongoing, and the lock down has not been lifted,
- How successful do you think the monetary policy (only) would be? and why?
- How successful do you think the fiscal policy (only) would be? and why?
- How successful is the combination of both monetary policy and fiscal policy? and why?
- Should the government consider quantitative easing? and why?
Related Book For
Intermediate Accounting
ISBN: 978-0470423684
13th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
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