Differences between the short-run and medium-run implication

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What specific motivations were behind the increase in the federal funds target after the end of quantitative easing in the US?

Are there specific differences between the short-run and medium-run implications of the increase in interest rate targets? Use the appropriate graphs (IS-LM and AS-AD) to illustrate your points. If relevant, include the liquidity trap in your analysis.

Reference no: EM131115324

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