The term "liquidity trap" describes a macroeconomic scenario in which

1 answer:

7 0

Low interest rates cause people to hoard money, making output and employment stagnate.

The concept of the liquidity trap was first proposed by John Maynard Keynes. He believed that if interest rates were extremely low, people would hoard money in the believe that interest rates could only increase. This results in a stagnation in the level of investment, which would theoretically halt the growth of income and employment. For this reason, Keynes and his proponents maintained that fiscal policy, rather than monetary policy, would be the most effective tool for leaving the great depression.

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When is a statement figurative?

sergij07 [2.7K]

Answer:

When they use metaphors, similes, personification and hyperbole.

Explanation:

Such as

Simile: Her cheeks are red like a rose.

Metaphors: The snow is a white blanket.

Personification: The wind howled in the night.

Hyberbole: He's as skinny as a toothpick.

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What does the red white and blue symbolize in the british flag?

Alex_Xolod [135]

The Union of the individual countries: England, Scotland, Wales and Northern Ireland is known as the United Kingdom

The Union Jack flag is described as a blue field with the red cross of Saint George (St George is the patron saint of England) edged in white

It also consists of the diagonal red cross of Saint Patrick (St Patrick is the patron saint of Ireland)

The flag is then superimposed on the diagonal white cross of Saint Andrew (St Andrew is the patron saint of Scotland)

The correct name for the flag is the the Union Flag, but it is commonly referred to as the Union Jack

The Union Jack Flag, particularly the Blue Ensign is the basis for a number of other flags including many Commonwealth countries and their constituent states or provinces as well as British overseas territories

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3 years ago

What are various explanations feminist critics provide in order to account for the subservient societal status of women

Rudik [331]

Answer:

"critical feminists focus on issues of power and seek to explain the origins and consequences of gender relations, especially those that privilege men. They study the ways that gender ideology . . . is produced, reproduced, resisted, and changed in and through the everyday experiences of men and women" (Coakley 45-46)

Explanation:

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A desire to pursue high standards and significant accomplishments is indicative of

LiRa [457]

People's personal desire to pursue high standards and significant accomplishments is an indicative of achievement motivation.

<h3>What is an achievement motivation?</h3>

This refers to the personal need for excellence and accomplishment not minding the rewards it may offered after the achievement has been met.

Hence, the People's personal desire to pursue high standards and significant accomplishments is an indicative of achievement motivation.

Read more about achievement motivation

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What is one reason Social Security and Medicare seem to be running out of money?

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Answer:

People believe the program will run out of money for many reasons, including: The Social Security trust funds going broke. It is true that the Social Security trust funds, where the money raised by Social Security taxes is invested in non-marketable securities, is projected to run out of funds by around 2034.

Explanation:

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