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In response to the pandemics, the Federal Reserve has greatly increased the money supply. What happened to the interest rate? Some economists are worried that
In response to the pandemics, the Federal Reserve has greatly increased the money supply. What happened to the interest rate? Some economists are worried that the Fed will soon face a liquidity trap. Use both English and graphs to explain what a liquidity trap is an why economists think that the Fed may face a liquidity trap.
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