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Munze Munze
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7 years ago
When a liquidity trap situation exists, we know that
A) an open market operation will have no effect on the supply of money.
B) an open market operation will have no effect on the monetary base.
C) fiscal policy will have no effect on the demand for goods.
D) expansionary monetary policy will be deflationary.
E) none of the above
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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Macroeconomics, 6/E (Blanchard, Johnson)
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legendvpnlegendvpn
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7 years ago
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Munze Author
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#2
6 years ago
Thanks so much Smiling Face with Open Mouth Slight Smile
Macroeconomics, 6/E (Blanchard, Johnson)
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