Explaining the Liquidity Trap I A Level and IB Economics

Описание к видео Explaining the Liquidity Trap I A Level and IB Economics

The liquidity trap is a useful concept to use when evaluating the effectiveness of changes in monetary policy in achieving macroeconomic objectives. In this revision video we look at what a liquidity trap is, what can cause it and consider four ways in which macroeconomic policy might attempt to overcome a liquidity trap.

#aqaeconomics #ibeconomics #edexceleconomics

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