Some governments have complemented easy money policy with expansionary fiscal policy of different degrees (e.g., the U.S., Canada and Japan) while others have favoured a combination of less aggressive monetary expansion with fiscal austerity measures (e.g., the U.K. and the euro zone countries).
Write a short academic paper on the rationale and wisdom of using expansionary monetary policy during the Great Recession. Your essay must have a clear thesis and include a brief introduction and conclusion. Your paper must be about 1500 words in length (5-6 double-space pages, without counting the references) and make reference to at least five academic works published on the topic. Must use at least 5 ACADEMIC SOURCES.
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