Question Paper Economics (CFA520) : July 2007 • Answer all questions. • Marks are indicated against each question. 1. At a local supermarket, the price of Simla apples…

Chapter 18 Business Cycles Lecture Plan  Introduction  Phases of Business Cycles  Concepts of Multiplier and Accelerator  Interaction of Multiplier and Accelerator…

1. Hyperinflationin ZimbabweGrade X 2. 2000-2007 hyperinflationinflation rates as great as 25,000 %• 2008 1 egg = ZW$50 billion (US32 ¢)Lottery would pay ZW$1.2 quadrillion…

1. Hyperinflationin ZimbabweGrade X 2. 2000-2007 hyperinflationinflation rates as great as 25,000 %• 2008 1 egg = ZW$50 billion (US32 ¢)Lottery would pay ZW$1.2 quadrillion…

1. Business Cycles 2. Business Cycle  Shows the periodic up and down movements in economic activities.  Economic activities measured in terms of production, employment…

Slide 1Bread Basket of Africa Slide 2 Hint Slide 3 Any Guesses Slide 4 Slide 5 Slide 6 Slide 7 Slide 8 Slide 9 Lowest ever coal production in 2006 since 1946 UNEMPLOYMENT…

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Slide 1Copyright © 2008 Pearson Addison-Wesley. All rights reserved. Chapter 11 Market-Clearing Models of the Business Cycle Slide 2 Copyright © 2008 Pearson Addison-Wesley.…

Slide 1Jump to first page MONEY AND THE ECONOMY What is money? What does money do? How does money affect the economy? What determines the money supply? What determines the…

Slide 1INFLATION AND UNEMPLOYMENT INFLATION 1. Historical experience of inflation 2. Causes of inflation 3. Costs of inflation: why is inflation a problem? 4. How can inflation…