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Munze Munze
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6 years ago
Which of the following will occur when an economy is faced with a liquidity trap situation?
A) a reduction in the price level will cause a rightward shift in the aggregate demand curve
B) a reduction in the price level will cause a leftward shift in the aggregate demand curve
C) the aggregate demand curve is now vertical
D) the aggregate demand curve is now upward sloping
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Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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Macroeconomics, 6/E (Blanchard, Johnson)
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legendvpnlegendvpn
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6 years ago
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Munze Author
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#2
5 years ago
Extremely insightful, tysm
Macroeconomics, 6/E (Blanchard, Johnson)
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