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In: Economics

Define the following: Fractional reserve system Required reserves Excess reserves Money (deposit) multiplier Portfolio investment Leverage...

Define the following:

Fractional reserve system

Required reserves

Excess reserves

Money (deposit) multiplier

Portfolio investment

Leverage

AS-AD model

            Connection between AD function model and AS-AD model (i.e. change in a,b,Ip,G,T,r)

            Inflation expectations

            Supply shocks

            Capacity

            Wage-price spiral

Solutions

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