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johnpaul92 johnpaul92
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9 years ago
A situation in which expansionary monetary policy has no effect on the economy is known as
A) macroeconomic stabilization.
B) capital flight.
C) a depression.
D) a liquidity trap.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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9 years ago
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johnpaul92 Author
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9 years ago
This is incredible, wasn't expecting anyone to answer this one
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