19.1 Exchange Rate Systems 19.2 The Current Exchange Rate System 19.3 International Capital Markets Appendix: The Gold Standard and the Bretton Woods System
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18.1 The Balance of Payments: Linking the United States to the International Economy 18.2 The Foreign Exchange Market and Exchange Rates 18.3 The International Sector and National Saving and Investment 18.4 The Effect of a Government Budget Deficit on Investment 18.5 Monetary Policy and Fiscal Policy in an Open Economy
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17.1 The Discovery of the ShortRun Trade-off between Unemployment and Inflation 17.2 The Short-Run and LongRun Phillips Curves 17.3 Expectations of the Inflation Rate and Monetary Policy 17.4 Federal Reserve Policy from the 1970s to the Present
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16.1 What Is Fiscal Policy? 16.2 The Effects of Fiscal Policy on Real GDP and the Price Level 16.3 Fiscal Policy in the Dynamic Aggregate Demand and Aggregate Supply Model 16.4 The Government Purchases and Tax Multipliers 16.5 The Limits of Using Fiscal Policy to Stabilize the Economy 16.6 Deficits, Surpluses, and Federal Government Debt 16.7 The Effects of Fiscal Policy in the Long Run Appendix: A Closer Look at the Multiplier
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15.1 What is Monetary Policy? 15.2 The Money Market and the Fed’s Choice of Monetary Policy Targets 15.3 Monetary Policy and Economic Activity 15.4 Monetary Policy in the Dynamic Aggregate Demand and Aggregate Supply Model 15.5 A Closer Look at the Fed’s Setting of Monetary Policy Targets 15.6 Fed Policies during the 2007-2009 Recession
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