Key Terms

Question

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

Classical model of the price level

Inflation tax

Short-run Phillips curve

Nonaccelerating inflation rate of unemployment (NAIRU)

Long-run Phillips curve

Debt deflation

Zero bound

Liquidity trap

Maturity transformation

Shadow bank

Banking crisis

Asset bubble

Financial contagion

Financial panic

Credit crunch

Debt overhang

Lender of last resort