'Push inflation' presentation slideshows

Chapter 4

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The Bottom Falls Out -- 1964-1980

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GOOD LUCK WRESTLERS & BASKETBALL PLAYERS!!

GO PANTHERS!!!!. GOOD LUCK WRESTLERS & BASKETBALL PLAYERS!!. Chapter 11, Section 2. INFLATION. What happened is inflation.

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Chapter 13 Section 2

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Lecture 6

Lecture 6. Money. What is money? Money is any object that is generally accepted as payment for goods and services and repayment of debts. The main functions of money are Medium of Exchange Store of value Unit of account.

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Causes of Inflation

Causes of Inflation. The Equation of exchange Cost Push Demand Pull. The Quantity Theory of Money. MV=PQ If the money supply (M) increases faster than the level of output (Q) then prices (P) will rise.

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Demand Pull and Cost Push Inflation

INFLATION. Demand Pull and Cost Push Inflation. AS. AD. AD 1. Demand Pull Inflation. Too much money chasing too few goods. AD > AS The AD Curve shifts to the right Caused by a change in C, I, G, X or M. Price Level. Demand Pull Inflation Real GDP increases Price level increases.

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Aggregate Supply Diagrams

Aggregate Supply Diagrams. Unit 2 Economics Revision. Price Level. LRAS. Rise in aggregate supply causes an expansion along the AD curve. SRAS1. SRAS2. AD = C+I+G+X-M. Real National Output (Y). Ye. Y1. Y2. LRAS. Average Price Level. SRAS2. SRAS1.

114 views • 4 slides