Chapter 2 Macro Solution
Stone ch16 lecture_powerpoints
What is Inflation? Inflation is rising general level of prices Inflation reduces the purchasing power of money Examples: It takes $2 to buy what $1 bought.
Inflation Chapter 2Unit 26 Business, Computers, & Information Technology.
Vivian Ho
B321 Macroeconomics Notes
The CPI and the Cost of Living CHAPTER 7 Eye Ons Consumer price indexNominal interest rate Cost of living indexNominal wage rate Reference base periodReal.
Unit 2-3: Macro Measures 1. What is Inflation? Inflation is rising general level of prices and it reduces the “purchasing power” of money Examples: It.
Inflation, Unemployment, and Employment
Goal #3 LIMIT INFLATION Country and Time- Zimbabwe, 2008 Annual Inflation Rate- 79,600,000,000% Time for Prices to Double- 24.7 hours.
NAME THAT CONCEPT 1.Macroeconomics 2.Inflation 3.Nominal GDP 4.Structural Unemp. 5.C+I+G+Xn.
1 Inflation and the Price Level. 2 The Monetary System A monetary system establishes two different types of standardization in the economy –Unit of value—a.