This is an applications-oriented text that demystifies the
linkages between monetary and fiscal policies and key macroeconomic
variables such as income, unemployment, inflation and interest
rates. Specially written "newspaper" articles simulate current
macroeconomic news on asset-price bubbles, exchange rates,
hyperinflation and more. Exercises and diagrams, and a global
perspective - incorporating both developed and emerging economies -
make this a broadly useful, real-world oriented text on a complex
and shifting subject.
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