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54
According to Monetarists, what two things did the Fed fail at that affected the depth and duration of the Depression?
1) failed at Lender of Last resort
2) failed at using Expansionary monetary policy
2) failed at using Expansionary monetary policy
Flashcard info:
Author: savhighsmith
Main topic: Economics
Topic: History of Economics
School / Univ.: UGA
City: Athens
Published: 11.12.2010