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International Economics Olympiad, 2019, 7–11 классы, Multiple choice
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Тестовый вопрос
Which of the following best describes the concept of liquidity trap?
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A person cannot withdraw money from his bank account because of the bank’s bankruptcy.
A firm wants to invest money earned but cannot find projects worth investing in.
A government has so much debt that it has to default.
The interest rate is so low that people prefer holding cash.
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