Monday, May 21, 2012

Liquidity Trap


Found this by accident:

Source: Introductory Microeconomics and Macroeconomics
By TR Jain, VK Ohri
I can duplicate that graph.


Dunno about the interest rates, though.

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1 comment:

  1. The ArthurianMay 21, 2012 at 8:39 PM

    ps

    A similar graph from David Lawson at Steve Keen's Debtwatch today.

    pps

    the space between the straight line and the curvy line, that space is all debt.

    ReplyDelete

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