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Money, Banking, Monetary Policy, and Fiscal Policy: Core Concepts in Macroeconomics

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The Functions of Money; The Kinds of Money

Defining the Money Supply: M1 and M2

Introduction to the Federal Reserve

The Federal Reserve and the Money Supply

Quantity Theory of Money

Federal Reserve Policies during the 2007-2009 Recession

Introduction to Fiscal Policy

Expansionary and Contractionary Fiscal Policy

Government Purchases and the Multiplier Effect

Taxes, the Multiplier Effect, and Automatic Stabilizers

Long Run Effects of Fiscal Policy