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Mila [183]
3 years ago
10

Suppose the economy is in a liquidity trap. True or false. A monetary contraction will not have any effect on the nominal intere

st rate, though a monetary expansion may have an effect on the nominal interest rate.
Business
1 answer:
swat323 years ago
8 0

Answer:

False

Explanation:

When a country is in a liquidity trap , monetary policy both contractionary and expansionary would have an effect on interest rate

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pishuonlain [190]

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3 years ago
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<img src="https://tex.z-dn.net/?f=%20%7B1000%7D%5E%7B4%3F%7D%20" id="TexFormula1" title=" {1000}^{4?} " alt=" {1000}^{4?} " alig
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I’m sorry but like what is that supposed to be?
7 0
4 years ago
A down payment is:
Talja [164]

Answer:

C

Explanation:

Down payment is something that you pay upfront before getting anything.

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