Monetary Policy within the IS-LM Framework

The majority of economists would admit thatmoney is powerful and that changes in moneywill impact the economy. Monetary theory analyzesand determines how changes in the supplyof money affect the economy.This book details the collection of policiesthat use monetary tools known as monetarypolicy. For example, the main monetary authorityof a country is its central bank. In the UnitedStates it is call...