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    Macroeconomics Principles Study Set 1
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    Exam 13: Monetary Policy
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    Keynes Argued That Fiscal Policy, Not Monetary Policy, Is Needed
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Keynes Argued That Fiscal Policy, Not Monetary Policy, Is Needed

Question 228

Question 228

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Keynes argued that fiscal policy, not monetary policy, is needed to get an economy out of the liquidity trap.

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