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U.S. Currency. (Photograph by Daniel Bersak.)
Prof. Peter Termin
14.05
Fall 2005
Undergraduate
This subject considers three topics of macroeconomics that are alive and controversial for policy today. The topics are: economic growth - the roles of capital accumulation, increased education, and technological progress in determining economic growth; savings - the effect of government and private debt on economic growth; and exchange-rate regimes - their role in the Great Depression and today.
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