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    Macroeconomics Study Set 47
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    Exam 24: Monetary Policy: a Summing up
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    Discuss Quantitative Easing and Credit Easing in Relation to the Liquidity
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Discuss Quantitative Easing and Credit Easing in Relation to the Liquidity

Question 28

Question 28

Essay

Discuss quantitative easing and credit easing in relation to the liquidity trap. How effective are these unconventional monetary policy measures?

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The nominal interest rate is zero when t...

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