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In the Basic New Keynesian Model, an unconventional policy that works in a liquidity trap is Question 10Answer a. a money supply increase b. forward
In the Basic New Keynesian Model, an unconventional policy that works in a liquidity trap is Question 10Answer a. a money supply increase b. forward guidance c. a reduction in the real interest rate d. an increase in the nominal interest rate e. a reduction in the nominal interest rate
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