李同学2019-04-04 11:13:50

Why will deflation be persist despite expansionary monetary policy? A bond market vigilantes. B a liquidity trap. C inelastic demand for money. 查看解析 上一题 下一题 正确答案B 您的答案B本题平均正确率：73% Limitations of monetary policy难度：一般 推荐：      答案解析 Deflation is often associated with liquidity trap conditions. A liquidity trap is a situation in which demand for money becomes highly elastic. Expanding the money supply has little effect on economic activity under these conditions because individuals and firms choose to hold the additional money in cash. “Bond market vigilantes” is an expression referring to the fact that expansionary monetary policy may cause long-term interest rates to increase, instead of decreasing as intended, if bond market participants expect the expansionary policy to increase future inflation rates. 问：这道题B能选出来，请问A C选项是什么意思