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Unformatted text preview: c. Purchase: expansionary d. Sale: contractionary 3. Discounting (FRBs, BoG) a. Financial panics 4. Reserve requirements (BoG) C. Exchange Rates: The basics 1. Introductory comments and motivation 2. Definition 3. Assumptions a. Two countries (U.S. and euro zone) b. Two currencies (dollar and euro) c. Two exchange rates ( per $; $ per ) 4. More definitions a. Appreciation b. Depreciation III. NEXT TIME A. Finish Chapter 36: International Financial Policy B. Begin Chapter 34: Deficits and Debt...
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This note was uploaded on 05/12/2011 for the course ECON 2030 taught by Professor Bong during the Spring '07 term at LSU.
- Spring '07