18. "Liquidity trap" was a problem of a) monetary policy of Japan and Sweden. b) fiscal policy in Japan. c) fiscal and monetary policy of Japan. d) fiscal and monetary policy of both Japan and Sweden. e) monetary policy of Japan, fiscal policy of Sweden.

18. "Liquidity trap" was a problem of a) monetary policy of Japan and Sweden. b) fiscal policy in Japan. c) fiscal and monetary policy of Japan. d) fiscal and monetary policy of both Japan and Sweden. e) monetary policy of Japan, fiscal policy of Sweden.

Principles of Economics, 7th Edition (MindTap Course List)

7th Edition

ISBN:9781285165875

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter36: Six Debates Over Macroeconomic Policy

Section: Chapter Questions

Problem 3QCMC

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Question

18. "Liquidity trap" was a problem of
a) monetary policy of Japan and Sweden.
b) fiscal policy in Japan.
c) fiscal and monetary policy of Japan.
d) fiscal and monetary policy of both Japan and Sweden.
e) monetary policy of Japan, fiscal policy of Sweden.

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