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How to use course materials on Blackboard Macro
Liquidity preference model and AD curve
Shifts of aggregate demand curve
Okun’s Law and an Output Gap Phillips Curve
Using monetary policy to fight a recession
An AD shock (with a monetary policy)
Shifts of LRAS and SRAS curves
Summary of how the Fed changes monetary base
The IS curve
An AD shock (without a monetary policy)
Example of expansionary monetary policy
The Phillips curve
Money multiplier
The output gap
Components of aggregate demand
Debt deflation process
Insolvent negative bank capital
T-account
Shifts of the IS cruve
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How withdrawing cash changes monetary base
Increase required reserve ratio by the Fed
The MP curve
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