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Lecture Money, banking, and financial markets (3/e): Chapter 22 - Stephen G. Cecchetti, Kermit L. Schoenholtz

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Chapter 22 - Understanding business cycle fluctuations. In this chapter we will: Catalogue the various reasons that the dynamic aggregate demand curve and the aggregate supply curve shift; examine what happens during the transition as the economy moves to long-run equilibrium. use the model to understand how central bankers work to achieve their stabilization objectives.

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