1: How does the Keynesian transmission mechanism purportedly work?
#2: How does the Monetarist transmission mechanism purportedly work?
#3: What is the difference between the Short Run Aggregate Supply function and the Long Run Aggregate Supply function and why is this distinction important?
#4 Is it possible for monetary policy to impact the Long Run Aggregate Supply function? What is your reasoning?
#5 What does the theory of “Rational Expectations” indicate regarding monetary policy?
#6 Explain the distribution effects of inflation.
#7 What is the “Liquidity Preference Theory” and why is it important to monetary policy considerations?
#8 Use a theory from this course to explain the 2008 financial crisis.
#9 How does unexpected inflation impact transaction costs?
#10 Describe the basic theory regarding Money Demand from a Keynesian perspective
