CHAPTER 5 Inflation: Who Wins, and Who Loses?

Slides:

Advertisements

Similar presentations

Appendix to Chapter 1 Defining Aggregate Output, Income, the Price Level, and the Inflation Rate.

Advertisements

Copyright © 2006 Pearson Addison-Wesley. All rights reserved. Chapter 1 What Is Macroeconomics?

1 CHAPTER SIX INFLATION. 2 INFLATION IN THE U.S. INFLATION –DEFINITION: the percentage change in a specific cost-of-living index at various points in.

Measuring the Cost of Living

Ms. Park.  Amy  What’s the difference between CPI and GDP deflator?  What do you use when you want to calculate Real income? Real GDP?

Lecture No. 35 Chapter 11 Contemporary Engineering Economics Copyright © 2010 Contemporary Engineering Economics, 5th edition, © 2010.

Chapter 26 Business Cycles, Unemployment, and Inflation Textbook Graphs and Tables Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.

Lecture 2 The Data of Macroeconomics, Macroeconomic Accounts 1 1.Measuring the Value of Economic Activity: GDP 2.Measuring the Cost of Living: The CPI.

Copyright © 2010 Cengage Learning 24 Measuring the Cost of Living.

Contemporary Engineering Economics, 6 th edition Park Copyright © 2016 by Pearson Education, Inc. All Rights Reserved Meaning and Measure of Inflation.

Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved. CHAPTER 18 Causes of Long-Term Growth and Inflation.

Measuring the Cost of Living Chapter 11 Copyright © 2001 by Harcourt, Inc. All rights reserved. Requests for permission to make copies of any part of.

Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved. CHAPTER 3 Working for a Living: Monitoring Labor Market Conditions.

Copyright © 2010 Pearson Addison-Wesley. All rights reserved. Chapter 7 The Macroeconomy: Unemployment and Inflation.

Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved. CHAPTER 13 Exchange Rates: Why Do They Change?

1 Inflation ©2006 South-Western College Publishing.

Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved. CHAPTER 4 Where’s the Beef? Inflation, Real GDP, and Business Cycles.

Copyright © 2011 Cengage Learning 24 Measuring the Cost of Living.

Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved. CHAPTER 10 Price and Output Fluctuations.

Macroeconomics CHAPTER 7 Tracking the Macroeconomy PowerPoint® Slides by Can Erbil © 2005 Worth Publishers, all rights reserved.

McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 12: Inflation and the Price Level 1.Explain how the.

Inflation Who wins & loses from inflation. Falling Purchasing Power.

Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved. CHAPTER 2 Taking an Economic Pulse: Measuring National Output.

Section III Quick Review Read and Review Section 3 all modules in your text. Major topics covered: Circular Flow Gross Domestic Product (formula, what.

Standard SSEMA1b- Define CPI SSEMA1c- Calculate economic measures.

Employer Health Benefits Survey 2017

©2005 South-Western College Publishing

Inflation Who wins & loses from inflation.

Copyright© 2008 South-Western/Cengage Learning. All rights reserved.

Measuring the Cost of Living

Mr. Mayer AP Macroeconomics

Chapter 6 Business Cycles and Short-Run Macroeconomics—Essentials of the Keynesian System PowerPoint Presentation by Charlie Cook Copyright © 2004 South-Western.

What Economics Is About

Measuring the Cost of Living

Exhibit 1.16 Average Premium Increases for Covered Workers with Family Coverage, * Percentage change in family premium is statistically different.

Review Session 2 - Chapters 6-8

The Measurement of Income, Prices, and Unemployment

CHAPTER Gross Domestic Product 15.

Copyright© 2008 South-Western/Cengage Learning. All rights reserved.

Measuring the Cost of Living

Measuring the Cost of Living

Economics 12 Inflation & Unemployment

PowerPoint Exhibit Slides to Accompany Principles of Economics

Measuring the Cost of Living

© 2015 by Cengage Learning Inc. All Rights Reserved.

CHAPTER 15 Putting It All Together

What Is Money? Barter system Money

Measuring the Cost of Living

CHAPTER 5 Inflation: Who Wins, and Who Loses?

CHAPTER 13 Fiscal Policy and Automatic Stabilizers: What Managers Need to Know © 2015 Cengage Learning. All Rights Reserved. May not be copied, scanned,

Chapter 2 Useful Tools and Concepts.

AP ECONOMICS: September 28

CHAPTER 11 Interest Rates and Why They Change

Appendix to Chapter 1 Defining Aggregate Output, Income, the Price Level, and the Inflation Rate.

CHAPTER 10 The Economics of Virtual Currencies

CHAPTER 18 Economic Shocks to Nations with Flexible Exchange Rates

CHAPTER 4 CHAPTER 4 Inflation, Real GDP, And Business Cycles

Measuring the Cost of Living

Chapter 20 Causes, Curses, and Consequences of the Great Recession

Putting it All Together

CHAPTER 1 Introduction to International Macroeconomics

CHAPTER 12 Price and Output Fluctuations

CHAPTER 6 Monetary Aggregates: Measuring Money

Monetary Aggregates: Measuring Money

CHAPTER 15 PRICING THE FACTORS OF PRODUCTION

© 2010 South-Western, a part of Cengage Learning All rights reserved.

Modeling Text-Based Requirements and their Relationship to Design

27 EXHIBIT 1 The Theoretical Relationship between Changes in Aggregate Demand and the Phillips Curve ( a ) I n c r e s i g t d m ( b ) M o v e m n t a.

CTC 475 Review Replacement Analysis Insider View

Presentation transcript:

CHAPTER 5 Inflation: Who Wins, and Who Loses? Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.

Exhibit 5-1 Effects of Inflation on the Purchasing Power of a $100,000 Salary Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved. Copyright@2006 South-Western/Cengage Learning. All rights reserved

Exhibit 5-2 U.S. Consumer Price Index: January 1960–July 2006 Source: U.S. Department of Labor: Bureau of Labor Statistics, http://research.stlouisfed.org/fred2/series/ CPIAUCNS/downloaddata (accessed September 7, 2006). Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.

Exhibit 5-3 Cost of a U.S. University Education for One Year at Various Inflation Rates Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.

Exhibit 5-4 The Circular Flow Diagram Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.

Exhibit 5-5 Relationship among Nominal Interest Rate, Real Interest Rate, and Expected Inflation Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.

Exhibit 5-6 Effects of Inflation When Expected Inflation = Actual Inflation Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.

Exhibit 5-7 Effects of Inflation When Expected Inflation > Actual Inflation Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.

Exhibit 5-8 Effects of Inflation when Expected Inflation < Actual Inflation Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.

Exhibit 5-9 When are Lenders and Borrowers Hurt and Helped by Inflation? Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.

Exhibit 5-10 Adaptive Expectations Theory Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.

Exhibit 5-11 Rational Expectations Theory Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.

Exhibit 5-12 When are Laborers and Businesses Hurt and Helped by Inflation? Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.

Economic Information for Switzerland, 2001–2005 Copyright© 2008 South-Western, a part of Cengage Learning. All rights reserved.