Boone 15e student_ppt_ch03
Chapter 3: Economics
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.
Macroeconomic indicator 1 Inflation is the percentage change in the Price Level (PL) from one year to the next. The Consumer Price Index (CPI) is a common.
Inflation Chapter 2Unit 26 Business, Computers, & Information Technology.
Cost of living scardamalia sdc
FOR INSTITUTIONAL PROFESSIONAL USE ONLY. IASBO Current Economic Conditions and How They Affect My District Robert Lewis Managing Director, Senior Vice.
The monetary system, prices, and inflation Outline 1.What is a monetary system? 2.Index numbers 3.The Consumer Price Index (CPI) 4.The CPI and the Inflation.
The CPI and the Cost of Living Outline 1.The Consumer Price Index (CPI) 2.What is inflation? 3.The CPI and the Inflation Rate 4.Adjusting the money (nominal)
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.
© 2013 Pearson. Which movie really was the biggest box office hit?
Goal #3 LIMIT INFLATION Country and Time- Zimbabwe, 2008 Annual Inflation Rate- 79,600,000,000% Time for Prices to Double- 24.7 hours.
