Assignment 12
Now you've finished the last unit, CONGRATULATIONS!!! Time for a review sheet.
The review sheet is on pages 98-99 in the $5 notes or I will make a link to one here for those who do not have the notes. The only thing I have not covered on the review sheet is the Fisher Effect which is very easy. You can read it in the book, but basically it is how that if inflation expectations go up by 1% then the nominal interest rate goes up by 1%, basically arguing that the real interest rate will stay the same and adjust for inflation expectations.
In a week or so I will begin to post some reviews and some practice with FRQ's. You already know everything you need for the FRQ's
documentcloud.adobe.com/link/track?uri=urn%3Aaaid%3Ascds%3AUS%3Ace90608c-cf08-49ae-aa00-e11a923d3bce