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npdtan92 npdtan92
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A year ago
Under which of the following circumstances would a country not be more likely to hit the Zero Lower Bound (ZLB) after its next recession?

▸ The next recession is especially severe.

▸ Expected inflation is low.

▸ The nominal interest rate is low.

▸ Current inflation is high.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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live4outdoorslive4outdoors
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A year ago
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