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Aggregate Demand, Money, and Monetary Policy: Exam 3 Study Guide

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Aggregate Demand

Shifting Aggregate Demand

Short Run Aggregate Supply

Long Run Aggregate Supply

AD-AS Model: Equilibrium in the Short Run and Long Run

The Functions of Money; The Kinds of Money

Defining the Money Supply: M1 and M2

Required Reserves and the Deposit Multiplier

Introduction to the Federal Reserve

The Federal Reserve and the Money Supply

Quantity Theory of Money

Monetary Policy and Aggregate Demand

Expansionary and Contractionary Monetary Policy

Taylor Rule