Ch32 Inflation

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fundamentals of economics chapter 32 notes and lecture

Text of Ch32 Inflation

  • Ensuring Price StabilityChapter 32

  • Inflation Is a Fundamental Constraint on Economic PolicyChapter 32 Figure 32-1

  • English Price Level and Real Wage, 1264-2002 (1270 = 100)Chapter 32 Figure 32-2

  • Consumer Prices in the United States,1776-2003Chapter 32 Figure 32-3

  • Inflation Has Remained Low and Stable in Recent YearsChapter 32 Figure 32-4

  • Money and Hyperinflation in Germany, 1922-1924Chapter 32 Figure 32-5

  • Demand-Pull Inflation Occurs When Too Much Spending Chases Too Few GoodsChapter 32 Figure 32-6

  • An Upward Spiral of Prices and Wages Occurs When Aggregate Supply and Demand Shift Up TogetherChapter 32 Figure 32-7

  • The Short-Run Phillips Curve Depicts the Tradeoff between Inflation and UnemploymentChapter 32 Figure 32-8

  • The Shifting Phillips CurveChapter 32 Figure 32-9

  • Actual Unemployment Rate and NAIRUChapter 32 Figure 32-10

  • Actual and Predicted Inflation, 1995-1999Chapter 32 Figure 32-11

  • Chapter 32 Table 32-1

  • Chapter 32 Table 32-2

  • Chapter 32 Table 32-3