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Unit 5
Exam weight 20%–30%
Long-Run Consequences of Stabilization Policies
Labs
6 modules
Y
PL
M
i
E
F
M
1
Learn
Practice
MCQ
5.1 Fiscal and Monetary Policy Actions in the Short Run
SRPC
2
SRPC
SRPC
SRPC
1
LRPC
u
π
u*
E
2
Learn
Practice
MCQ
5.2 The Phillips Curve
M
V
=
P
Y
M × V
P × Y
3
Learn
Practice
MCQ
5.3 Money Growth and Inflation
Deficit
Taxes
Spending
Debt
$1,800B
4
Learn
Practice
MCQ
5.4 Government Deficits and the National Debt
LF
r
DLF
SLF
5
Learn
Practice
MCQ
5.5 Crowding Out
Y
PL
LRAS
6
Learn
Practice
MCQ
5.6 Economic Growth
