(Answered) 1 explain monetarism2 what is the taylor rule and why is it

Economics

1: Explain Monetarism.

2: What is the Taylor Rule and why is it important to this field of study?

3: What is the Lucas critique?

4: Explain the Gold Exchange System of the Bretton Woods era.

5: What are the short run determinants of exchange rates?

6: What happens when central banks buy international reserves?

7: How has China (purportedly) enhanced her export base?

8: What is dollarization and why is it important to developing countries?

9: Explain Fiscal and Monetary Policy using the IS-LM model.

10: Use the Quantity Theory of Money to explain a macroeconomic case of inflation.

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