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International Economics: Theory and PolicyEleventh EditionChapter 15Money, Interest Rates, and Exchange RatesCopyright ? 2018, 2015, 2012 Pearson Education, Inc. All Rights Reserved
Learning Objectives15.1 Describe and discuss the national money markets in which interest rates are determined.15.2 Show how monetary policy and interest rates feed into the foreign exchange market.15.3 Distinguish between the economy’s long-run position and the short run, in which money prices and wages are sticky.15.4 Explain how price levels and exchange rates respond to monetary factors in the long run.15.5 Out
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