Question

In the liquidity trap ---
(1 Point)
a. a small change in interest rates
produces a small change in the
quantity of money demanded.
b. a small change in interest rate
produces no change in the quantity of
money demanded.
c. a small change in the interest rate
produces a very large change in the
quantity of money demanded.
.
d. demand for money changes
proportionately with the rate of interest​

Answer 1

Answer:

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