chapter 16. inflation and deflation link to syllabus from page 481 to page 491
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![Page 1: Chapter 16. Inflation and Deflation Link to syllabus From page 481 to page 491](https://reader035.vdocuments.us/reader035/viewer/2022062804/56649d2f5503460f94a06ec2/html5/thumbnails/1.jpg)
Chapter 16. Inflation and Deflation
Link to syllabus
From page 481 to page 491
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The Classical Model of the Price Level. Fig. 16-1, p. 477.
Done earlier, as Figure 12-16, p. 367.
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Unemployment and Inflation, 1960s. Figure 16-6,-7 p. 485
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The Phillips Curve: Concept, and empirical data. (Another text).
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AD-AS Model, and the Short Run Phillips Curve. Figure 16-8, p. 486.
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The Phillips Curve and Supply Shocks. Fig. 16-9 p. 487.
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Expected Inflation and the Short Run Phillips Curve. Fig. 16-10. p. 457.
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Unemployment and Inflation, 1961-1990. Figure 16-10, p. 489.
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The Classical Model of the Price Level. Fig. 16-1, p. 486.
NAIRU and the Long Run Phillips Curve. Fig. 16-11, p. 490
A vertical LRAS is the same as a vertical LRPC.
(Can be considered the core of non-interventionist stance).
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Disinflation Around the World Post-1980. P. 461
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The Cost of Reducing Inflation. Fig. 16-13, p. 462.
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Zero Bound (on interest rates) in US History. Fig. 16-14, p. 464.
Zero interest rates only in the 1930s
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Japan’s Lost Decade. Figure 16-15, p. 464.
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Interest Rates Are Now Very Low. Fig. 16-16, p. 465
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Inflation and Wages in the U.S. and the Eurozone. Figure 16-3 p. 447
Greater indexing in Europe makes them move more closely together.