Jul 11, 2019
2:49:42pm
2:49:42pm
I learned that in Econ. 101 at BYU. Remember studying liquidity trap.
Asked professor what if public didn't react the way the model said. He said, well then the theory falls apart. LOL
He also agreed the public could act differently sometimes than the model says.
He also agreed the public could act differently sometimes than the model says.
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