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Lecture 16 inflation

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Gale Pooley
Gale Pooley

This document discusses macroeconomics and the monetary system. It covers inflation, its causes when money supply increases faster than goods and services, and its effects of increasing the overall price level and prices. Price changes from shifts in supply and demand are also mentioned. An example is given of extremely high inflation in Zimbabwe in 2008, when prices doubled every 24.7 hours and the monthly inflation rate was over 79 billion percent.

Economy & Finance
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Macroeconomics Lecture 16 The Monetary System
Questions
Exam Review
Inflation cause effect
Cause Money supply increasing faster than goods and services
Effect increasing price level all prices increase
Price Changes changes in supply and demand
Zimbabwe, Nov. 2008 Highest monthly inflation: 79,600,000,000% Prices doubled every: 24.7 hours
Lecture 16 inflation
Lecture 16 inflation
Lecture 16 inflation
Lecture 16 inflation
Lecture 16 inflation
Lecture 16 inflation
Lecture 16 inflation
Lecture 16 inflation

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