Economics - The social science that deals with the production, distribution, and consumption of goods and services. Resources – Things needed to make.
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Chapter 3 Your Purchasing Power. Slide 2 What Is Inflation? 3-1 Inflation and the Value of Money Inflation is an increase in prices for goods and services.
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Ch 5 Economics Supply 1. To Earn an “A” on Notes: You MUST DO ALL OF THE FOLLOWING: Have a complete set of notes: – Contain all of the skeleton AND the.
Part IV: Supply & DemandSupply & Demand Shifts in Supply & DemandShifts in Supply & Demand Linked MarketsLinked Markets Complementary GoodsComplementary.
