During the Great Depression, business people in the Canada were very pessimistic about the future of economic
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During the Great Depression, business people in the Canada were very pessimistic about the future of economic growth and reluctant to increase investment spending even when interest rates fell. How did this limit the potential for monetary policy to help alleviate the Depression?
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Monetary policy is effective when changes in the money ...View the full answer
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Related Book For 
Macroeconomics
ISBN: 978-1319120054
3rd Canadian edition
Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson
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