DQ In 2014, short-term interest rates were near zero, and yet the economy was still sluggish with low rates of economic growth and relatively high unemployment.

ECN 360 Grand Canyon Week 7 Discussion 2

In 2014, short-term interest rates were near zero, and yet the economy was still sluggish with low rates of economic growth and relatively high unemployment. What monetary policies should be pursued in such an environment? How might they work?