versus financial frictions -- Interest-rate shocks -- Importable goods, exportable goods, and the terms

Open EconomyChapter 20. Output, the Interest Rate, and the Exchange RateChapter 21. Exchange Rate

Macroeconomics--First Models--Income and Spending--Money, Interest, and Income--Monetary and Fiscal Policy

, employment and production, Saving, investment and the rate of interest 138, Summary of the classical