Slide 1 Slide 2 Goal: To develop a model of economic fluctuations Two key ideas: economic fluctuations are –(1) departures of real GDP from potential GDP –(2) caused…
Slide 1 The Concept of Money Slide 2 What they say about money? Research shows that the more money people have, the more likely they are to report being satisfied with…
Slide 1 WHAT’S IN GDP? An activity for “The ABCs of GDP” (Extra Credit Spring 2009) Slide 2 What is gross domestic product (GDP)? Currency value (such as U.S. dollar)…
Slide 1 Prepared by J. A. Dorn Senior Fellow, Cato Institute Washington, DC, April 25, 2015 02:30 Slide 2 A Bad Central Bank (1) 05:50 Slide 3 A Bad Central Bank (2) 07:10…
Slide 1 Slide 2 Chapter 6 Inflation and Prices Inflation and Prices Slide 3 Prices Indices Simple Price Index Simple Price Index This is a statistical table constructed to…
Slide 1 OIL PRICE DEREGULATION 1 Slide 2 DEREGULATION Decontrolling or deregulating the petrol prices mean that, the government will no longer be subsidizing petrol prices…
PowerPoint Presentation The populist movement REVIEW!! Before 1877... American Civil War from 1861-1865 The North wanted to preserve the Union--The South wanted independence…