Question: If a liquidity trap does exist, then policy will not be effective in increasing income when interest rates reach very levels. O monetary; high O

 If a liquidity trap does exist, then policy will not be

effective in increasing income when interest rates reach very levels. O monetary;

If a liquidity trap does exist, then policy will not be effective in increasing income when interest rates reach very levels. O monetary; high O monetary; low O fiscal; high O fiscal; low

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