1. Copyright©2004 South-Western 30 Money Growth and Inflation Money Growth and Inflation

2. Copyright©2004 South-Western Figure 1 How the Supply and Demand for Money Determine the Equilibrium Price Level

3. Copyright©2004 South-Western Figure 2 An Increase in the Money Supply

4. Copyright©2004 South-Western Figure 3 Nominal GDP, the Quantity of Money, and the Velocity of Money

5. Copyright©2004 South-Western Figure 4a Money and Prices during Four Hyperinflations

6. Copyright©2004 South-Western Figure 4b Money and Prices during Four Hyperinflations

7. Copyright©2004 South-Western Figure 4c Money and Prices during Four Hyperinflations

8. Copyright©2004 South-Western Figure 4d Money and Prices during Four Hyperinflations

9. Copyright©2004 South-Western Figure 5 The Nominal Interest Rate and the Inflation Rate

10. Table 1 How Inflation Raises the Tax Burden on Saving Copyright©2004 South-Western