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ECA 351 Money and Banking What backed the US dollar after 1933? What backed the US dollar after 1966? Why did the Neo-classical School think

ECA 351

Money and Banking

  1. What backed the US dollar after 1933?
  2. What backed the US dollar after 1966?
  3. Why did the Neo-classical School think that the Quantity of Money was important?
  4. Why was it possible for the Classical School to think that the interest rate was the price of money?
  5. Was Fisher successful in answering the questions that he proposed?

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