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28 Sep 2019
John Maynard Keynes who is considered to be the father of Macroeconomics by many once said "In the long run we are all dead to emphasize why decision-makers should not worry about long-run effects of policies. As we have also learned in this module changes in the money supply don't have any effect on real aggregates like production in the long-run. However, why do you think many countries still use monetary policies to stabilize their economy?
John Maynard Keynes who is considered to be the father of Macroeconomics by many once said "In the long run we are all dead to emphasize why decision-makers should not worry about long-run effects of policies. As we have also learned in this module changes in the money supply don't have any effect on real aggregates like production in the long-run. However, why do you think many countries still use monetary policies to stabilize their economy?
Darryn D'SouzaLv10
28 Sep 2019
