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ECA 351 Money and Banking Why does the Liquidity Trap occur? Concerning the idea of the Liquidity Trap, who is it a trap for? Why
ECA 351
Money and Banking
- Why does the Liquidity Trap occur?
- Concerning the idea of the Liquidity Trap, who is it a trap for?
- Why did the Classical School think that money is neutral?
- Why did Keynes think that money was NOT neutral?
- Give an example of how the left part of Keynes Quantity Theory of Money equation works.
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