Wednesday, February 29, 2012

Homework 3.12 (Assigned 3/1)

A.  Read the Linked Article

1.  According the Bernanke, what are the limitations of monetary policy?
2.  Why has Bernanke kept the interest rate "near zero" since 2008?
3.  Do you support the continued use of monetary policy to steer the economy?  Do you believe the economy has the ability to steer itself?  Why or why not?

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