Slide 1INFLATION 28 CHAPTER Slide 2 Objectives After studying this chapter, you will able to Distinguish between inflation and a one-time rise in the price level Explain…

Slide 1Consumer price index and Inflation Slide 2 Introduction Consumer price index (CPI) Inflation rate Content Slide 3 1. 1.Introduction Inflation is defined as a sustained…

Slide 1 Slide 2 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…

Slide 1Chapter 1 The Financial System – Money and Prices What is Money? –The Origins of Money Shells, stones, whiskey, tobacco, livestock Precious metals – Gold and…

Slide 1Lecture Three Measuring National Output and National Income Slide 2 GDP GDPmarket valuefinal given period of time within a country GDP is the market value of all final…

Slide 1Inflation Chapter 7 Instructor: MELTEM INCE Slide 2 Inflation and the Price Level Inflation is a process in which the price level is rising and money is losing value.…

Page 1 Consumer price index and Inflation Page 2 1.Introduction 2.Consumer price index (CPI) 3.Inflation rate 4.Inflation rate and the business cycle 5.The Causes of inflation…

1.Why Study Financial Markets? Financial markets channel funds from savers to investors, thereby promoting economic efficiency 2. Financial markets are a key factor in producing…

PowerPoint Presentation Inflation What is inflation? Inflation The overall general upward price movement of goods and services in an economy (often caused by a increase in…

Copyright © 2010 Pearson Addison-Wesley. All rights reserved. Chapter 1 Why Study Money, Banking, and Financial Markets? Copyright © 2010 Pearson Addison-Wesley. All rights…