Monetary Policy, Fiscal Policy, and Exchange Rates
- What is Money
- Types of Money (Commodity, Fiat, Not Money)
- Money in Terms of Liquidity
- How Lending Creates Money
- Money Multiplier
- How to Create Money
- Bank of Canada
- Demand for Money
- Effect on the Economy of Increasing or Decreasing the Money Supply
- Velocity of Money and Cambridge K
- Goals of Monetary Policy
- Keynesian Monetary Policy
- Monetarist Monetary Policy
- Canadian Monetary Policy
- Phillips Curve
- Fiscal Policy, Deficit, and Surplus
- Effect of Government Spending on the Economy
- Effect of Taxes on the Economy
- Discretionary and Automatic Fiscal Policy
- Government Spending or Taxation?
- Limitations of Fiscal Policy
- Effect of Government Debt on the Economy
- Theories on Fiscal Policy
- Demand for Foreign Currency
- Exports, Imports, Trade Deficit, Trade Surplus
- Why Trade?
- Calculating the Exchange Rate
- History of Exchange Rates
- Pros and Cons of a Pegged Exchange Rate
- Maintaining a Pegged Exchange Rate When Currency is Undervalued
- Maintaining a Pegged Exchange Rate When Currency is Overvalued
- Purchasing Power Parity and Arbitrage
- Effect of Changes in Supply and Demand on Exchange Rates
- Determinants of Demand for Currency
- Pros and Cons of a Flexible Exchange Rate