ch 15--Terms & Concepts

ch 15--Terms & Concepts - Ch. 15—Terms &...

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Unformatted text preview: Ch. 15—Terms & Concepts Ch. 15—Terms & Concepts • • • • • • • • • • • • Rules Monetary Policy Gold Standard Deflation Stagflation Phillips Curve, short run and long run Real variables Expectations Does a change in the money supply permanently affect real variables? Does a change in the money supply permanently affect nominal variables? Easy money Tight money Affect of money policy (both easy and tight) on real and nominal variables, both in the SR and in the LR ...
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This note was uploaded on 04/02/2012 for the course COP 3014 taught by Professor Gaitros during the Fall '11 term at Florida State College.

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