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I need help on these 4. What is the liquidity trap and its impact on investment during a recession or depression? 5. What is the

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I need help on these

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4. What is the "liquidity trap" and its impact on investment during a recession or depression? 5. What is the difference in the short run vs long run Phillips Curve according to Milton Friedman? What is the difference in Adaptive Expectations vs Rational Expectations? 6. What did Paul Romer add to "new growth theory"

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