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Title: If a country's nominal interest rate is zero, then Post by: Chako on Mar 11, 2016 If a country's nominal interest rate is zero, then
A) the country's economy is in a liquidity trap. B) exchange rates with other countries are likely to increase. C) monetary policy is likely to be very effective in stimulating the economy. D) exchange rates with other countries are likely to decline. E) the country's economy has achieved monetary equilibrium. Title: Re: If a country's nominal interest rate is zero, then Post by: machukian on Apr 18, 2016 A
Title: Re: If a country's nominal interest rate is zero, then Post by: Chako on Apr 25, 2016 Correct!
Title: Re: If a country's nominal interest rate is zero, then Post by: machukian on May 11, 2016 Good luck
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