Question: What is meant by the term monetary impotence? According to Keynes, what two conditions could lead to monetary impotence? Were either of these conditions present

What is meant by the term monetary impotence? According to Keynes, what two conditions could lead to monetary impotence? Were either of these conditions present during the Great Depression?

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Monetary impotence refers to the situation when an increase in the real money supply doe... View full answer

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