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Monetary and Fiscal Policy: Key Concepts and Applications

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The Functions of Money; The Kinds of Money

Required Reserves and the Deposit Multiplier

Quantity Theory of Money

Short Run Phillips Curve

Goals of Monetary Policy

Monetary Policy and Aggregate Demand

Expansionary and Contractionary Monetary Policy

Introduction to Fiscal Policy

Expansionary and Contractionary Fiscal Policy

Government Purchases and the Multiplier Effect