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Economic Policy
Fixed Exchange Rates
Annual Growth of Per Capital Real GDP
Canada
France
Germany
Italy
Japan
UK
US
Daniels and VanHoose
70-79
3.4
3.4
2.9
2.7
4.0
2.2
2.1
80-89
2.1
1.8
1.9
2.3
3.6
2.5
2.2
Economic Policy
90-01
1.3
1.5
1.3
1.6
1.0
1.7
2.2
2
Unemployment Rates
Australia
Canada
France
Germany
Hong Kong
Italy
Japan
Daniels and VanHoose
1999
7.2
7.6
11.3
8.3
6.3
11.4
4.7
2000
6.6
6.8
9.7
7.8
5.0
10.6
4.7
Economic Policy
2001
7.0
7.2
8.8
7.6
4.7
9.9
5.3
3
World and Regional Output Growth Rates
Daniels and VanHoose
Economic Policy
4
World and Regional Output Growth Rates
Daniels and VanHoose
Economic Policy
5
The Costs of Inflation and Inflation Variability
Daniels and VanHoose
Economic Policy
6
The Effect of an Increase in the Nominal Money Stock
Daniels and VanHoose
Economic Policy
7
The Initial Effects of Monetary Policy
with Fixed Exchange Rates
Daniels and VanHoose
Economic Policy
8
The Final Effects of a Monetary Policy Expansion
without Sterilization
Daniels and VanHoose
Economic Policy
9
The Effects of an Increase in
Government Spending in the IS-LM Model
Daniels and VanHoose
Economic Policy
10
The Initial Effects of a Rise in Government Spending with
a Fixed Exchange Rate
Daniels and VanHoose
Economic Policy
11
The Final Effects of an Increase in
Government Spending without Sterilization
Daniels and VanHoose
Economic Policy
12
Monetary and Fiscal Policies with Perfect Capital Mobility
and Fixed Exchange Rates
Daniels and VanHoose
Economic Policy
13
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