Fiscal Policy, Crowding Out, and the Long Run
First up, let's talk about the long-run effects of fiscal policy, specifically expansionary fiscal p
Automatic Stabilizers
Now, let's shift gears to something that works behind the scenes to keep our economy humming: automa
Monetary Policy and the Long Run
Alright, let's talk about the long-run effects of monetary policy. Remember, in the short run, the F
Government Deficits and National Debt
Okay, let's clear up some common confusion: the difference between a government budget deficit and t
International Trade and Capital Flows
Alright, let's open up the economy and see how countries interact! This is Unit 6, baby! We're talki
Exchange Rates
Now, how do we price all these international transactions? With exchange rates! The nominal exchange
The Foreign Exchange Market
Okay, so where do these exchange rates actually come from? They're determined in the Foreign Exchang
Effect of Changes in Policies and Economic Conditions on the Foreign Exchange Market
Finally, let's tie everything together! How do the policies we've learned about impact the foreign e