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Sergeeva-Olga [200]
2 years ago
14

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

Social Studies
1 answer:
RoseWind [281]2 years ago
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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<u>Answer: </u>

In this case, Mr. Glasscock is the plaintiff.

<u>Explanation: </u>

  • The suit brought against Mr. Steve Beckham is to make him refund the payment that Jane had made him for the delivery of roses required for the party.
  • In this case, Mr. Glasscock in the one who has brought the case of the breach of contract to the court of law. Hence, Mr. Glasscock can be deemed to be the plaintiff in this matter.

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Grace is a short prayer said before meals.<br><br> True<br> False
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Hi there!
I’m glad to see your question posted here on the Brainly website.

The answer is: TRUE

A Grace is in fact, a prayer said before meals.
You can just think of it as another word for prayer.

Have a nice night!
~Brooke
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3 years ago
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Traditional democratic theory rests on several cornerstones, among which are
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Traditional democratic theory rest on several cornerstones in which are the following;

<span>-          </span>Equality in voting – people are given the equal rights to vote

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Can you guys make sentence with words surplus,farmers, and specialize
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<span><span>Since people stopped moving around, they also started creating permenant homes to live in, and in turn villages. Of course with the surplus of food, some people were able to specialize in other jobs, such as making pottery, and we eventually have the creation of full-time artists. Interestingly enough, it is with the formation of agriculture that we have the creation of the world's oldest profession, prostitution. With this comes other diseases transmitted between humans</span></span>

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