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In the given diagram, speculative demand for money curve l (r) has four regions R1, R2, R3 and R4. Liquidity trap is indicated by the regions

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Macroeconomics is a branch of economics that studies how an overall economy—the market or other systems that operate on a large scale—behaves.


In the given diagram, speculative demand for money curve l (r) has four regions R1, R2, R3 and R4. Liquidity trap is indicated by the regions






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