In-class work
- Monetary Policy
- Monetary Policy: Money Creation in a Fractional Reserve Banking System
- The Tools of Monetary Policy
- Exercise 1 (p. 392)
- The Net Export Effect of Monetary Policy
- Evaluating the Effectiveness of Monetary Policy During Recessions
- Exercises 2-7 (p. 395 & 400)
- MRU: Sumner/White: Fiat Money vs. the Gold Standard (optional for the curious)
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