Question: draw diagram also a. Explain why the self-correcting mechanism is no longer operational when nominal interest rates are at the zero lower bound. b. To

draw diagram also

a. Explain why the self-correcting mechanism is no longer operational when nominal interest rates are at the zero lower bound.

b. To promote an economic expansion and an exit from the deflationary environment that the Japanese had been experiencing for the past fifteen years, what did the "Abenomics" aims at?

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