Wed, Mar 15, 09 31 PM

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

Wed, Mar 15, 09 31 PM

How withdrawing cash changes monetary base

Increase required reserve ratio by the Fed

The MP curve

Test