hy might Keynesians be pessimistic about the ability of monetary policy to stimulate output in situations such as the 1930s Depression in the United States or the recessions in Japon in the 1990s? What type of policy would Keynesian economists expect to be effective in such situations?Explain by diagrams

ENGR.ECONOMIC ANALYSIS
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Why might Keynesians be pessimistic about the ability of monetary policy to stimulate output in situations such as the 1930s Depression in the United States or the recessions in Japon in the 1990s? What type of policy would Keynesian economists expect to be effective in such situations?Explain by diagrams. 

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