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Key Concepts in Monetary and Fiscal Policy for Macroeconomics

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The Functions of Money; The Kinds of Money

Required Reserves and the Deposit Multiplier

Monetary Policy and Aggregate Demand

Expansionary and Contractionary Monetary Policy

Goals of Monetary Policy

Introduction to Fiscal Policy

Expansionary and Contractionary Fiscal Policy

Dynamic AD-AS Model: Fiscal Policy

Government Purchases and the Multiplier Effect

Taxes, the Multiplier Effect, and Automatic Stabilizers