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.
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.
Goal #3 LIMIT INFLATION Country and Time- Zimbabwe, 2008 Annual Inflation Rate- 79,600,000,000% Time for Prices to Double- 24.7 hours.
Goal #2 LIMIT INFLATION. What is Inflation? Inflation: a rise in the average level of prices Inflation reduces the purchasing power of money Examples:
NAME THAT CONCEPT 1.Macroeconomics 2.Inflation 3.Nominal GDP 4.Structural Unemp. 5.C+I+G+Xn.
