RUDIGER DORNBUSCHSTANLEY FISCHERRICHARD STARTZ

macroeconomics

NINTH EDITION

Chapter Eleven

Monetary and Fiscal Policy

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11-3

The 2001 Recession

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11-4

IS-LM Equilibrium

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11-5

Monetary Policy

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11-6

Japanese Interest Rates

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11-7

Pegging the Interest Rate

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11-8

Effects of an Increase in Government Spending

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11-9

Full Crowding Out

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11-10

Monetary Accommodation of Fiscal Expansion

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11-11

An Investment Subsidy Shifts the Investment Schedule

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11-12

Expansionary Policies and the Composition of Output

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11-13

Inflation, Unemployment, and the Interest Rate

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11-14

Real GDP Growth and President Bush’s Tax Relief