Empirical evidence of liquidity trap is found during:

CA Foundation · Business Economics · MTP · September 2025
Empirical evidence of liquidity trap is found during:
(A) A. COVID - 19
(B) B. Great Recession
(C) C. Global Financial Crisis
(D) D. None of the above

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Global Financial Crisis

Topics: Determination of National Income

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