Business, 27.07.2019 00:20, austintules2005

The economy is in the horizontal portion of the as curve, there is a liquidity trap, and investment spending is sensitive to changes in the interest rate. according to the keynesian transmission mechanism, if the money supply increases the interest rate investment spending the ad curve and the price level

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The economy is in the horizontal portion of the as curve, there is a liquidity trap, and investment...