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Documents Lecture10 inflation

1.19/08/2012 10Causes of Inflation and the Philips Curve Causes of InflationDefinition and Measurement Definition: Inflation is a continuous increase in the general price…

Education Austrian Macroeconomics, Lectures 3, 5, & 6 with Joe Salerno - Mises Academy

1. The Money Supply-Demand DiagramValue ofMoney, 1/PPriceLevel, PQuantity ofMoney1 1¾ 1.33½ 2¼ 4As the value ofmoney rises, theprice level falls. 2. The Money Supply-Demand…

Education Unit 9 the inter-war crisis

1. Unit 9The Inter-war crisis 2. 1- Democracy and dictatorship 1923-1939-INTRODUCTION-Economy: 1920s, Roaring Twenties.1929, Great Depression.-Politics: two directions:.democracy…