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ice5192 ice5192
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6 years ago
A liquidity trap occurs when
A) too many arbitrage opportunities exist.
B) the central bank does not print enough currency.
C) consumers are too reliant on credit cards for purchases.
D) the real interest rate is very high.
E) the real interest rate is zero.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
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karmarkarmar
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ice5192 Author
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#2
6 years ago
Thanks!
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