Spectroscopic features revealing the coherent interaction of a degenerate t
wo-level atomic system with two optical fields are examined. A model for th
e numerical calculation of the response of a degenerate two-level system to
the action of an arbitrarily intense resonant pump field and a weak probe
in the presence of a magnetic field is presented, The model is valid for ar
bitrary values of the total angular momentum of the lower and upper levels
and for any choice of the polarizations of the optical waves. Closed and op
en degenerate two-level systems are considered. Predictions for probe absor
ption and dispersion, field generation by four-wave mixing, population modu
lation, and Zeeman optical pumping are derived. On all these observables, s
ubnatural-width coherence resonances are predicted and their spectroscopic
features are discussed. Experimental spectra for probe absorption and excit
ed-state population modulation in the D-2 line of Rb vapor are presented in
good agreement with the calculations.