Suppose that the central bank could convince the public to expect more inflation in the future. If

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Suppose that the central bank could convince the public to expect more inflation in the future. If the economy is currently in a liquidity trap, what effects would this have? Use a diagram, and explain your results.

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Macroeconomics

ISBN: 978-0134472119

6th Edition

Authors: Stephen D. Williamson

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Question Posted: Dec 05, 2018 04:57 AM

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Suppose that the central bank could convince the public to expect more inflation in the future. If

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Macroeconomics

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