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PART ONE Introductionand Measurement............. CHAPTER 1 What Is Macroeconomics? CHAPTER 2 The Measurement of Income, Prices, and Unemployment PART TWO Income, Interest Rates, Policy, and.theOpen Economy CHAPTER 3 Spending, Income, and Interest Rates CHAPTER 4 Monetary and Fiscal Policy in the IS-LM Model CHAPTER 5 The Government Budget, Foreign Borrowing, and the Twin Deficits CHAPTER 6 International Trade, Exchange Rates, and Macroeconomic Policy PART THREE Aggregate Demand, Aggregate Supply, Unemploymentanlnflatioa .. CHAPTER 7 Aggregate Demand, Aggregate Supply, and the Self-Correcting Economy CHAPTER 8 Inflation: Its Causes and Cures CHAPTER 9 The Goals of Stabilization Policy: Low Inflation and Low Unemployment PART FOUR Macroeconomics in the Long Run: Growth.and Eublic-inance-...-.,..... ... CHAPTER 10 The Theory of Economic Growth CHAPTER 11 The Big Questions of Economic Growth CHAPTER 12 The Government Budget, the Public Debt, and Social Security PART FIVE StabilizatianPolicyin an_Open Economy 41..5...... ... 41 CHAPTER 13 Money and Financial Markets 417 CHAPTER 14 Stabilization Policy in the Closed and Open Economy 451 PART SiX Stability and Lnstability in the Private Ecornomy ......485 CHAPTER 15 The Economics of Consumption Behavior 487 CHAPTER 16 The Economics of Investment Behavior 521 PART SEVEN DebatesaLtheMacoelonomic oTtier . .. ......... CHAPTER 17 New Classical Macro Confronts New Keynesian Macro 553 CHAPTER 18 Conclusion: Where We Stand 582 Appendixes A-1 Glossary G-1 Index -1