After the 2008s great recession the fed lower the fed fund, Business Economics

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After the 2008s great recession the fed lower the fed fund

After the 2008's Great Recession the Fed lower the Fed Fund Rate (r) to zero reaching its lower bound and facing a binding situation, i.e. r = 0. What effect will this have on the effectiveness of fiscal policy? Specifically, what will happen to the output effects of a given change in government spending?

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