Showing posts from August 24, 2009Show all
Objectives of Monetary Policy
Automatic Built In Stabilizers
Ricardian Equivalence
Relative Income Hypothesis
Disguised Unemployment
Neutrality of Money
Pigou Effect
Innovation Theory
Saving Function
Production Function
Induced Investment
Dynamic Functions of Money
IS-LM Curve
Keynes Psychological Law of Consumption
Philips Curve
Inflationary Gap and Deflationary Gap
Liquidity Preference
Effective Demand
Classical Theory of Employment
Phases of the Business Cycle
“Monetary Policy Can Back a Boom, but it Cannot Deal with Recession.”
Role of Acceleration Principle in Trade Cycle