Economics Discussion Chapter 18: Monetary Policy

Economics
Tutor: None Selected Time limit: 1 Day

  • Why have rules for monetary policy based on money growth been unsuccessful in recent years?
  • Why don't policymakers want to adopt rules for monetary policy?
Dec 14th, 2015

Thank you for the opportunity to help you with your question!

The US Government monetary policy has failed over the years despite fighting recession for eight consecutive times. The reduction of interest rates and pushing them back up has failed over the years. Paul Krugman explains this failure to be caused by inadequate fiscal stimulus. He argues that deficit spending has been lower than expected over the years and is still lower than standard.

This explanations is derived from the Kenynesian models taught in Economics.


Please let me know if you need any clarification or modification. I'm always happy to answer your questions. Thank you for offering me this opportunity. Kindly let me help if the answer is not sufficient. Thank you
Dec 14th, 2015

Did you know? You can earn $20 for every friend you invite to Studypool!
Click here to
Refer a Friend
...
Dec 14th, 2015
...
Dec 14th, 2015
May 24th, 2017
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer