Ali Roberts. Inflation is when the value of money decreases, but the value of goods increases. One cause of inflation is too much money being made.

Slides:

Advertisements

Similar presentations

Employment and inflation. Inflation Money is like everything else: the more there is of it the less value it has So if there is a lot of money in an economic.

Advertisements

Impacts of inflation.

Making Money Today, cash money is used less often than checks and credit cards. Power point created by Robert L. Martinez Primary content source: A History.

Interest Rates in the Classical Model Nominal vs.. Real Interest Rates Real interest rate =Nominal rate - Inflation rate  = r- 

26 THE EXCHANGE RATE AND THE BALANCE OF PAYMENTS.

Teacher instructions: 1.Print the lesson, 2.Display slides 2 through 4 with Procedure step 5 in the lesson. 3.Display slide 5 with Procedure step 6. 4.Display.

Finance Issues in the News. Economic Indicators Inflation: Overall rise in prices Inflation: Overall rise in prices -The Consumer Price Index averages.

Annual Inflation Rate- Time for Prices to Double-

Tuesday, February 7 1. Turn in Homework 2. Essential Terms  Inflation  Hyperinflation  Consumer Price Index (CPI)  Fixed income  Market basket  Wage-price.

Chapter 3 Economic Activity in a Changing World pp

Chapter 7 homework Numbers 2, 4, 10, 14, 16. Chapter 8 Inflation and Prices.

Chapter 36: International Finance McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. 13e.

Aggregate Demand The quantity of real GDP demanded, Y, is the total amount of final goods and services produced in the United States that households (C),

Chapter 8 The Circular Flow Model © 2003 South-Western College Publishing.

Economic Activity in a Changing World

Back to the Future GDP, Unemployment, etc..

DO NOW: Match Romulus and Remus Hannibal Julius Caesar Marc Antony Octavius (Augustus) Caligula Praetorian Guard Nero Barbarians conquered Rome. defeated.

Unit 2-3: Macro Measures 1.

Inflation and taxes SSEPF3: The student will explain how changes in monetary and fiscal policy can have an impact on an individual’s spending and saving.

THE FEDERAL RESERVE You can BANK on it!. Objectives STUDENTS WILL BE ABLE TO: Understand why the formation of a National Bank was necessary. Describe.

The Great Depression ( ). What was the Great Depression? The Great Depression: a period of very low economic activity and high unemployment that.

LCJSMS WE THE STUDENTS 8 TH GRADE 2013 Economics.

IGCSE Economics Prices. Learning Outcomes With regards to prices, candidates should be able to: Describe how a consumer prices index/retail prices.

Chapter 2 Measuring economic activity

DO NOW: Want 3 Merits? Copy and complete: Want to get a perfect score on the “Lessons from Rome” letter to Obama? It might help to write 8 paragraphs.

Annual Inflation Rate- Time for Prices to Double-

Macroeconomics Inflation Nominal GDP Structural Unemp. C+I+G+Xn

Money What is money? Anything people will accept in place of the goods and services they seek to obtain. Money is a stock of assets that can be readily.

What is Money?  Accounting Measure  Standard of Value  Legal Tender  Financial Exchange  Purchasing Power.

Introduction to Business, Economic Activity in a Changing World Slide 1 of 54 Why It’s Important Economic activity affects everyday life. The history of.

Measuring economic activity

Economic Activity in a Changing World Chapter 3 pp Mr. Manning.

Unemployment One way the economists measure the health of the economy Four basic kinds of unemployment -frictional -seasonal -structural -cyclical.

Goal #3 LIMIT INFLATION Country and Time- Zimbabwe, 2008 Annual Inflation Rate- 79,600,000,000% Time for Prices to Double hours.

Measuring the Economy Goals 9.01 & Why does the government need to know what the economy is doing?  The government makes decisions that affect.

Unit 2: Macro Measures 1 Copyright ACDC Leadership 2015.

Lecture 18 Money What is money? Anything people will accept in place of the goods they seek to obtain. Trust is critical. Examples from history: salt in.

Aggregate Demand. An Introduction to Aggregate Demand and Supply Introducing Aggregate Demand and Supply.

NAME THAT CONCEPT 1.Dr. Pepper 2.Staples 3.Arizona 4.Upside Down 5.Ice Cream Cone.

The Monetary Approach to Exchange Rates Putting Everything Together.

1. Assume that the U.S. economy is in a severe

Starter  How could inflation affect you both short term and long term?

Inflation Causes and Consequences.  An increase in the costs of production will generally force sellers to increase prices to maintain profits  Wage.

THE DECLINE OF THE ROMAN EMPIRE (4) objectives:

By: Emily Young Hunter Carlen Shea Eichensehr

1.02 ~ ECONOMIC ACTIVITIES AND CONDITIONS CHAPTER 2 MEASURING ECONOMIC ACTIVITY.

Unit 3: Aggregate Demand and Supply and Fiscal Policy 1.

Back to Table of Contents pp Chapter 3 Economic Activity in a Changing World.

Households, Businesses, And Governments. Supply and Demand In economics, what does the word supply mean? The word supply is the amount of goods and.

Budgets and Businesses Workshop. Budget: is a plan that shows income, spending and saving. Income: Spending: Saving:

1.02 ~ ECONOMIC ACTIVITIES AND CONDITIONS CHAPTER 2 MEASURING ECONOMIC ACTIVITY.

Essential Standard 1.00 Understand the role of business in the global economy. 1.

CHAPTER 2 Economic Activity. MEASURING ECONOMIC ACTIVITY  Economic growth is the steady increase in the production of goods and services in an economic.

LOW INFLATION. DEFINITION  A SUSTAINED GENERAL RISE IN PRICES.

Essential Standard 1.00 Understand the role of business in the global economy. 1.

Economic Activity in a Changing World Chapter 3 pp

Inflation & Consumer Price Index 1. Goal for Countries: LIMIT INFLATION Country and Time- Zimbabwe, 2008 Annual Inflation Rate- 79,600,000,000% Time for.

Essential Standard 1.00 Understand the role of business in the global economy. 1.

Unit 3: Aggregate Demand and Aggregate Supply and Fiscal Policy 1.

Goal #3 LIMIT INFLATION Country and Time- Zimbabwe, 2008 Annual Inflation Rate- 79,600,000,000% Time for Prices to Double hours Copyright ACDC Leadership.

MONEY SYSTEMS AROUND THE WORLD

Annual Inflation Rate- Time for Prices to Double-

Annual Inflation Rate- Time for Prices to Double-

THE FALL OF THE ROMAN EMPIRE

Fall of Roman Empire.

Economic Activity in a Changing World Chapter 3 pp

Economic Activity in a Changing World Chapter 3 pp

Economics (The Basics)

Presentation transcript:

Ali Roberts

Inflation is when the value of money decreases, but the value of goods increases. One cause of inflation is too much money being made.

The effects aren’t always good when inflation occurs. Why is inflation a problem? - When an elderly person wants to retire on a fixed income, the money will be worth less and less as inflation gets higher. - “When the balance between supply and demand spirals out of control, buyers will change their spending habits as they meet their purchasing thresholds and producers will suffer and be forced to cut output. This can be readily tied to higher unemployment rates.” "Inflation - Causes & Effects." Day Trading & Stock Market Strategies - Mysmp.com. Web. 23 Feb

Ancient Roman coins were made of silver. As inflation got higher, the Romans started to make their coins from wood, then coat them in silver, so the money was worth less.

- Rather than raising taxes, Nero and other emperors reduced the currency of money by reducing the amount of silver used in each coin. - One of the common coins were Denarius. Denarius were minted at 84 to the pound. - Many Romans stopped using coins, and began to barter for what they needed.

- Salaries were eventually paid in food and clothing, while taxes were collected in fruits and vegetables. - Diocletian tried fixing the problem of inflation by setting price limits on goods. If you charged more than the limit, you could be killed. - Inflation is one down fall of ancient Rome.

- Instead of borrowing money from other countries, the united states could start attempting to save it. - Making the entire worlds money the same. By keeping the same currency, this may help balance it out so everything is equal. - The government could control the amount of money printed more often. Or limit the amount per week.

"Inflation - Causes & Effects." Day Trading & Stock Market Strategies - Mysmp.com. Web. 23 Feb "How To Solve Inflation." IdeaMarketers - Free Content Directory. Web. 23 Feb "Rome.info Fall of the Roman Empire, Decline of Ancient Rome." Rome.info Rome Tourist Information, Ancient Rome Travel Guide. Web. 23 Feb