What is the effect of monetary policy in a situation of "Liquidity trap"?
A) expansionary monetary policy
B) contractionary monetary policy
C) both expansionary and contractionary monetary policy effective
D) monetary policy ineffective
Correct Answer:
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Q1: According to Classical what bring full employment
Q3: In which of the following market Keynes
Q4: In which of the following market Pigou
Q5: Real balance effect is equal to -
A)pigou
Q6: Under perfect competition firm hire labour until-
A)money
Q7: Classical dichotomy is based on -
A)neutrality of
Q8: Cambridge K is related to -
A)restatement theory
Q9: Assertion (A) : In liquidity trap, the
Q10: Which of the following is not specifically
Q11: In the Keynesian system speculative demand for
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