Questions from Macroeconomics


Q: What are the arguments for and against rules?

What are the arguments for and against rules?

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Q: What benefits does a credible nominal anchor provide?

What benefits does a credible nominal anchor provide?

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Q: How does a credible nominal anchor help improve the economic outcomes that

How does a credible nominal anchor help improve the economic outcomes that result from a positive aggregate demand shock? How does it help if a negative aggregate supply shock occurs?

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Q: What are the purposes of inflation targeting, and how does this

What are the purposes of inflation targeting, and how does this monetary policy strategy achieve them?

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Q: What are the arguments for and against central bank independence?

What are the arguments for and against central bank independence?

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Q: What are the key ideas of the real business cycle model?

What are the key ideas of the real business cycle model? How does it explain business cycle fluctuations?

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Q: How do the traditional, new Keynesian, and real business cycle

How do the traditional, new Keynesian, and real business cycle models differ in their views about the efficacy of discretionary policy?

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Q: How does the real business cycle model explain fluctuations in employment and

How does the real business cycle model explain fluctuations in employment and unemployment?

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Q: What objections to the real business cycle model have been raised?

What objections to the real business cycle model have been raised?

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Q: How do new Keynesian ideas about price setting and inflation expectations affect

How do new Keynesian ideas about price setting and inflation expectations affect the short run aggregate supply curve?

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