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Munze Munze
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6 years ago
An open market sale of bonds by the central bank will cause which of the following when a liquidity trap situation exists?
A) the interest rate will increase
B) the interest rate will not change
C) output will decrease
D) the money supply, M, will not change
E) none of the above
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
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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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6 years ago
Just got PERFECT on my quiz
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Yesterday
this is exactly what I needed
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2 hours ago
Good timing, thanks!
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