1 Inflation and Unemployment 2 Inflation, Unemployment and the Phillips Curve Two goals of economic policymakers are low inflation and low unemployment, but often these…
Slide 1 Slide 2 Slide 3 The French Issues Inequalities between the Three Estates First Estate: Clergy About 10% of the population Higher ranking members shared interest with…
Slide 1 Introduction The Principles These slides supplement the textbook, but should not replace reading the textbook Slide 2 2 What is the main thesis of this book? To have…
Slide 1 Unemployment and Inflation Economics Slide 2 Unemployment Economist’s definition: Those of working age, who are without work, but who are available for work at…