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Business, 16.04.2021 04:50 mastsa

A very low rate of inflation during a recession can lead to: A. a liquidity trap which makes fiscal policy more effective. B. a liquidity trap, which makes monetary policy ineffective. C. government budget deficits. D. a liquidity trap, which makes monetary policy effective. E. government budget surpluses.

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A very low rate of inflation during a recession can lead to: A. a liquidity trap which makes fiscal...
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