Question

If the money market is in the liquidity trap, then people do not want to hold money because: __________

a. its value is at its lowest.
b. want to hold bonds because the interest rate is quite high.
c. do not want to hold bonds because their price is likely to decrease.
d. want to hold bonds because their price is high.
e. a, b and d

Answer 1

a

Step-by-step explanation:

Its value is at its lowest.