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Detail solving please (d) (4 points) Explain what is meant by a liquidity trap. (e) (10 points) Show graphically and explain using an IS-LM model

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Detail solving please

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(d) (4 points) Explain what is meant by a "liquidity trap". (e) (10 points) Show graphically and explain using an IS-LM model with a money targeting central bank the implications of a fiscal expansion. What are the effects on the interest rate, output, consumption and investment

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