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.

You might be interested in

An admissions committee is trying to apply Sternberg's theory of intelligence to admitting students into their school. They are

AveGali [126]

The admissions committee is looking for students with successful intelligence, Sternberg puts it.

<h3>Who is Robert Sternberg?</h3>

Robert Sternberg is an American psychologist (1949) who stands out for having developed several psychological theories related to:

Intelligence
Creativity
Love
Hate
Wisdom

One of his most important theories is the theory of intelligence in which he states that thought must carry out three fundamental processes to develop successful intelligence:

Think creatively: The first is necessary to formulate good questions and good ideas.
Think analytically: The second is used to solve problems and judge the quality of ideas.
Think practically: The third applies to using ideas effectively in everyday life.

Learn more Sternberg in: brainly.com/question/1348170

8 0

2 years ago

This asian organization fought for its people's rights and recovery of losses and damages that had occurred during ww ii.

kari74 [83]

Id say it is D bud ok

7 0

3 years ago

Photojournalists should feel free to manipulate their images with photo editing software in order to tell the story, even if tha

Rasek [7]

It is true that photojournalists are allowed to edit their photos using editing softwares in order to credibly and vividly tell a story. They may or may not add or delete some parts of their photos.

Also, it is true that you do not have to assess much of the situation before photographing.

7 0

3 years ago

Read 2 more answers

City and county courts have limited jurisdiction on municipal issues. Whose case would a city or county court be most likely to

nexus9112 [7]

Answer:

B.) A resident fighting a ticket.

Explanation:

5 0

2 years ago

Read 2 more answers

Parents who are tolerant of their children’s emerging sexuality: a. should also be sure to encourage secrecy. b. encourage child

mylen [45]

Answer:

Option A

Explanation:

Teach a child how to take care of his/her body is very important ,because body is a very important member of life and needs to be taken good care of.

Yes parents that are tolerant with there children should also teach and encourage there children on secrecy, methods of how to take care of the body, why they should protect every part of the body, parents don't want there children to be careless ,so teaching them how to take care of the body and secrecy us method of protecting the body.

8 0

3 years ago