Multiple Choice
-The liquidity trap illustrated in Figure 15.5 is the result of a
A) Low opportunity cost of money.
B) Low demand for cash at low interest rates.
C) Fed ceiling on interest rates.
Correct Answer:
Verified
Related Questions
Q91: ![]()
-The liquidity trap illustrated in Figure 15.5 is the result of a
A) Low opportunity cost of money.
B) Low demand for cash at low interest rates.
C) Fed ceiling on interest rates.
Correct Answer:
Verified
Q91: ![]()