A situation in which expansionary monetary policy has no effect on the economy is known as

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A situation in which expansionary monetary policy has no effect on the economy is known as

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

Edition: 8^th

Authors: Abel, Bernanke, Croushore

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johnpaul92 Author

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8 years ago

This is incredible, wasn't expecting anyone to answer this one

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