Tracking Inflation

By the end of this section, you will be able to:

Trade Balances and Flows of Financial Capital

By the end of this section, you will be able to:

Exchange Rate Policies

By the end of this section, you will be able to:

How Changes in Income and Prices Affect Consumption Choices

By the end of this section, you will be able to:

Polar Cases of Elasticity and Constant Elasticity

By the end of this section, you will be able to:

Automatic Stabilizers

By the end of this section, you will be able to:

Defining Money by Its Functions

By the end of this section, you will be able to:

  • Explain the various functions of money
  • Contrast commodity money and fiat money

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