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Documents The Gold Standard Lecture 12 – Thursday, 19 October 2011 J A Morrison 1 Isaac NewtonDavid Hume.

Slide 1The Gold Standard Lecture 12 – Thursday, 19 October 2011 J A Morrison 1 Isaac NewtonDavid Hume Slide 2 Lec 12: The Gold Standard I. Intro: Why bother with Gold?…

Education Inflation

1. INFLATION 2. INFLATION:A general and ongoing rise in thelevel of prices in an economy. 3. AVERAGE PRICE OF MILK IN THE USA:4.504.003.503.002.502.001.50.5001950 1960 1970…

Documents Economics Revision

Economics Revision Chapter 9: Macroeconomic Performance Real GDP growth A measure of the total output expenditure or income of an economy after adjusting for changes in the…