Why were early Keynesian economists so pessimistic about the effectiveness of monetary policy?

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Macroeconomics Theories and Policies

ISBN: 978-0132831529

10th edition

Authors: Richard T. Froyen

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Question Posted: May 24, 2016 06:45 AM

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Why were early Keynesian economists so pessimistic about the effectiveness of monetary policy?

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The early Keynesians relying on what they believed to ...View the full answer

Macroeconomics Theories and Policies

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