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Relative to its effects when outside of a liquidity trap, when in a liquidity trap a temporary increase in government spending a. Raises output by
Relative to its effects when outside of a liquidity trap, when in a liquidity trap a temporary increase in government spending a. Raises output by more and appreciates the exchange rate by more b. Raises output by more and appreciates the exchange rate by less c. Raises output by less and appreciates the exchange rate by more d. Raises output by less and appreciates the exchange rate by less
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