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https://learn-us-east-1-prod-fleet01-xythos.learn.cloudflare.blackboardcdn.com/blackboard.learn.xythos.prod/571910f3bd595/30364?X-Blackboard-Expiration=1624946400000&X-Blackboard-Signature=hIwvatN2Ab%2BDQmavXCp6CgDbZjm20fOgYwklP7e%2BgAk%3D&X-Blackboard-Client-Id=100852&response-cache-control=private%2C%20max-age%3D21600&response-content-disposition=inline%3B%20filename%2A%3DUTF-8%27%27Hall%2520fiscal%2520stimulus.pdf&response-content-type=application%2Fpdf&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Date=20210629T000000Z&X-Amz-SignedHeaders=host&X-Amz-Expires=21600&X-Amz-Credential=AKIAYDKQORRYTKBSBE4S%2F20210629%2Fus-east-1%2Fs3%2Faws4_request&X-Amz-Signature=7cefa30556bd3de703e185f9892410bec204298205c9759e2460e48b268b33f7 O True O False hs QUESTION 7 Hall (2010) argues that the monetary policy environment in the U.S. since 2008 likely implies a higher

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https://learn-us-east-1-prod-fleet01-xythos.learn.cloudflare.blackboardcdn.com/blackboard.learn.xythos.prod/571910f3bd595/30364?X-Blackboard-Expiration=1624946400000&X-Blackboard-Signature=hIwvatN2Ab%2BDQmavXCp6CgDbZjm20fOgYwklP7e%2BgAk%3D&X-Blackboard-Client-Id=100852&response-cache-control=private%2C%20max-age%3D21600&response-content-disposition=inline%3B%20filename%2A%3DUTF-8%27%27Hall%2520fiscal%2520stimulus.pdf&response-content-type=application%2Fpdf&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Date=20210629T000000Z&X-Amz-SignedHeaders=host&X-Amz-Expires=21600&X-Amz-Credential=AKIAYDKQORRYTKBSBE4S%2F20210629%2Fus-east-1%2Fs3%2Faws4_request&X-Amz-Signature=7cefa30556bd3de703e185f9892410bec204298205c9759e2460e48b268b33f7

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O True O False hs QUESTION 7 Hall (2010) argues that the monetary policy environment in the U.S. since 2008 likely implies a higher multiplier than in scenarios where monetary policy is not constrained by the Zero-Lower-Bound on interest rates. O True O False

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