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    Question

    What is the elasticity of speculative demand of money in

    case of Liquidity Trap is 
    B 1 Correct Answer Incorrect Answer
    C Infinite Correct Answer Incorrect Answer
    D Less than one Correct Answer Incorrect Answer

    Solution

    Elasticity of speculative demand of money in case of Liquidity Trap is infinite because the curve becomes horizontal to x-axis.

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