5. The issue is whether monetary policy can do the trick or not, and it would appear...
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Question:
5. "The issue is whether monetary policy can do the trick or not, and it would appear to many that it can't." This news clip comes from late 2008 when the U.S. economy was entering a recession.
a) What is meant by monetary policy "doing the trick"?
b) How would monetary policy attempt to do this?
c) Why might it not be successful?
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