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    Macroeconomics Study Set 27
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    Exam 17: Crises and Consequences
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    When the Economy Is in a Liquidity Trap, Consumers and Businesses
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When the Economy Is in a Liquidity Trap, Consumers and Businesses

Question 204

Question 204

True/False

When the economy is in a liquidity trap, consumers and businesses aren't willing to borrow and spend even though interest rates may be zero.

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