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Intermediate Macroeconomics Practice Problems and Solutions Second Edition G. Stolyarov II 1 Intermediate Macroeconomics Practice Problems and solut Ions Second Edition G. Stolyarov II, ASA, ACAS, MAAA, CPCU, ARe, ARC, API, AIS, AIE, AIAF First Edition Published in April-May 2008 Second Edition Published in July 2014 Table of Contents Section Page Section 1: The Economics of Money and Prices 2 Section 2: The Classical Gold Standard 4 Section 3: The Quantity Theory of Money 6 Section 4: Money and Inflation 8 Section 5: The Money Multiplier 10 Section 6: Business Cycles 12 Section 7: The Aggregate Supply / Aggregate Demand Model 14 Section 8: The Federal Reserve 17 Section 9: The Economics of Contemporary Banking 20 Section 10.
Intermediate Macroeconomics Practice Problems and Solutions – Second Edition – G. Stolyarov II 3 Problem 3. Which of these is a valid formula for L, the demand to hold money?
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