{"id":12345,"date":"2022-04-13T17:43:28","date_gmt":"2022-04-13T17:43:28","guid":{"rendered":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/?post_type=chapter&#038;p=12345"},"modified":"2024-09-11T16:39:19","modified_gmt":"2024-09-11T16:39:19","slug":"module-13-discussion-impact-of-low-interest-rates-on-monetary-policy","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/chapter\/module-13-discussion-impact-of-low-interest-rates-on-monetary-policy\/","title":{"raw":"Module 13 Discussion: Impact of Low Interest Rates on Monetary Policy","rendered":"Module 13 Discussion: Impact of Low Interest Rates on Monetary Policy"},"content":{"raw":"Respond to the following prompts in a post with a minimum of 200 words, then comment on at least TWO other posts.\r\n<ul>\r\n \t<li>Since the end of the Great Recession, interest rates have been at historic lows\u2014in some cases, close to zero. How is expansionary monetary policy, or more specifically a open market purchase, supposed to work? How do near-zero interest rates limit the ability of expansionary monetary policy to work?<\/li>\r\n \t<li>How has the Fed responded to this quandary? That is, what policies has the Fed conducted?<\/li>\r\n \t<li>In your opinion, how effective has the Fed\u2019s policy been as a response to the Great Recession? What evidence can you suggest to support your position?<\/li>\r\n<\/ul>","rendered":"<p>Respond to the following prompts in a post with a minimum of 200 words, then comment on at least TWO other posts.<\/p>\n<ul>\n<li>Since the end of the Great Recession, interest rates have been at historic lows\u2014in some cases, close to zero. How is expansionary monetary policy, or more specifically a open market purchase, supposed to work? How do near-zero interest rates limit the ability of expansionary monetary policy to work?<\/li>\n<li>How has the Fed responded to this quandary? That is, what policies has the Fed conducted?<\/li>\n<li>In your opinion, how effective has the Fed\u2019s policy been as a response to the Great Recession? What evidence can you suggest to support your position?<\/li>\n<\/ul>\n\n\t\t\t <section class=\"citations-section\" role=\"contentinfo\">\n\t\t\t <h3>Candela Citations<\/h3>\n\t\t\t\t\t <div>\n\t\t\t\t\t\t <div id=\"citation-list-12345\">\n\t\t\t\t\t\t\t <div class=\"licensing\"><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Original<\/div><ul class=\"citation-list\"><li>Discussion: Impact of Low Interest Rates on Monetary Policy. <strong>Authored by<\/strong>: Steve Greenlaw and Lumen Learning. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em><\/li><\/ul><\/div>\n\t\t\t\t\t\t <\/div>\n\t\t\t\t\t <\/div>\n\t\t\t <\/section>","protected":false},"author":428269,"menu_order":37,"template":"","meta":{"_candela_citation":"[{\"type\":\"original\",\"description\":\"Discussion: Impact of Low Interest Rates on Monetary Policy\",\"author\":\"Steve Greenlaw and Lumen Learning\",\"organization\":\"\",\"url\":\"\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"\"}]","CANDELA_OUTCOMES_GUID":"","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-12345","chapter","type-chapter","status-publish","hentry"],"part":12174,"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/chapters\/12345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/wp\/v2\/users\/428269"}],"version-history":[{"count":1,"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/chapters\/12345\/revisions"}],"predecessor-version":[{"id":12346,"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/chapters\/12345\/revisions\/12346"}],"part":[{"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/parts\/12174"}],"metadata":[{"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/chapters\/12345\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/wp\/v2\/media?parent=12345"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/pressbooks\/v2\/chapter-type?post=12345"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/wp\/v2\/contributor?post=12345"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-macroeconomics\/wp-json\/wp\/v2\/license?post=12345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}