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How effective is monetary policy? Answer this question from the perspective of (1) the monetarists and (2) modern money theory. How would you judge Effectiveness?

How effective is monetary policy? Answer this question from the perspective of (1) the monetarists and (2) modern money theory.

How would you judge “Effectiveness”?

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Adequacy of money related strategy can be passed judgment on in light of its capacity to accomplish its expected goals which commonly incorporate affecting economic factors like expansion unemployment ... blur-text-image

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