INFLATION 28 CHAPTER. Objectives After studying this chapter, you will able to Distinguish between inflation and a one-time rise in the price level Explain.
Consumer price index and Inflation. Introduction Consumer price index (CPI) Inflation rate Content.
Chapter 1 The Financial System – Money and Prices What is Money? –The Origins of Money Shells, stones, whiskey, tobacco, livestock Precious metals – Gold.
13 - 1 Copyright McGraw-Hill/Irwin, 2005 Functions of Money What Backs the Money Supply Demand for Money The Money Market The Federal Reserve & the Banking.
Lecture Three Measuring National Output and National Income.
Inflation Chapter 7 Instructor: MELTEM INCE. Inflation and the Price Level Inflation is a process in which the price level is rising and money is losing.
Consumer price index and Inflation. 1.Introduction 2.Consumer price index (CPI) 3.Inflation rate 4.Inflation rate and the business cycle 5.The Causes.
economics 210
Inflation
1. Ch1 Why Study Banking & Financial Institutions
Introduction to Money and Banking [Econ121]
lecture of Mishkin Ch 01