宏观经济管理学与财务知识分析（英文版）(PPT 48页)

宏观经济管理学与财务知识分析（英文版）(PPT 48页)简介：

In the 1970s, the United States experienced an episode of relatively mild inflation
prices rose between five and ten percent per year
caused significant economic and political trauma
avoiding a repeat of the inflation of the 1970s remains a major goal of economic policy

The Classical dichotomy implies that real variables (real GDP, real investment spending, or the real exchange rate) can be analyzed and calculated without considering nominal variables (price level)
money is “neutral”
This is a special feature of the full-employment flexible-price model

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