According to the New Keynesian Model,in a Liquidity Trap

question 8

Multiple Choice

According to the New Keynesian model,in a liquidity trap,

• A) fiscal policy is more effective than monetary policy.
• B) fiscal and monetary policy are equally effective.
• C) fiscal policy has little role.
• D) monetary policy is more effective than fiscal policy.
• E) niether monetary or fiscal policy is effective.

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Definitions:

Biological Parents

The term refers to the two individuals whose genetic material a child inherits; typically, it means the mother who gave birth to the child and the father whose sperm fertilized the mother's egg.

Relative

A person connected by blood or marriage, such as a sibling, parent, cousin, or spouse.

Biological

Pertaining to the science of life and living organisms, focusing on their structure, function, growth, evolution, and distribution.

Sexual Preference

Refers to an individual's pattern of physical, romantic, and/or emotional attraction to others, based on gender.