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Economics and Commerce
Prinnciples Of Macroeconomics, 3/E
by Joseph E. Stiglitz & Carl E. Walsh
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Recognizing the limitations of the traditional AS/AD model, the authors offer an improved framework for the analysis of macroeconomic fluctuations. This approach emphasized the role of te FEd and the federal funds market in teh determination of short-term interst rates. The result is an analysis of fluctuations in inflation/output space and a model reflecting the real world of macroeconomics that students encounter in the business press and other media. ISBN : 0393975193
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