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Fully explain why the following statement is true and /or false: The cyclical asymmetry of monetary policy due to the liquidity trap is one reason

Fully explain why the following statement is true and /or false: The cyclical asymmetry of monetary policy due to the liquidity trap is one reason that expansionary monetary policy works better than contractionary monetary policy". In your answer, explain both "cyclical asymmetry" and "liquidity trap .

( 6 marks)

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