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What is the most important price in the economy? Betsey Stevenson
and Justin Wolfers say that it's the interest rate, and they dig
into where it comes from, and how it drives all spending in the
economy. These big ideas yield a framework called the IS-MP
model which policymakers use to help devise fiscal and
monetary policies to kick-start the economy.


Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A
Modulated Media production.


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