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About the authors -- Preface -- Learning tools walkthrough -- Money and the financial system -- An introduction to money and the financial system -- Money and the payments system -- Interest rates, financial instruments, and financial markets -- Future value, present value, and interest rates --...
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theoretic approach to monetary policy. Leading theorists and practitioners of this view have indeed rejected the quantity theory … interest rates to changes in the price level. This paper evaluates these recent developments in the theory and practice of …
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