What is meant by a liquidity trapnbspwhat was john maynard, Business Economics

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What is meant by a liquidity trapnbspwhat was john maynard

a. What is meant by a Liquidity Trap?

b. What was John Maynard Keynes’ solution for an economy that found itself in a Liquidity Trap?

c. What role does “quantitative easing” play in countering a Liquidity Trap? Give examples from the recent experiences of Japan and Europe.

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