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Nominal GDP Grows Faster than Real GDP because of Price Inflation Chapter 21 Figure 21-2.

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Presentation on theme: "Nominal GDP Grows Faster than Real GDP because of Price Inflation Chapter 21 Figure 21-2."— Presentation transcript:

1 Nominal GDP Grows Faster than Real GDP because of Price Inflation Chapter 21 Figure 21-2

2 A Business Cycle, like the Year, Has Its Seasons Chapter 23 Figure 23-2

3 Business Activity since 1919 Chapter 23 Figure 23-3

4 Real vs. Nominal Interest Rates Chapter 25 Figure 25-3

5 Multiple-Bank Expansion of Money Chapter 25 Figure 25-4

6 The Only Guarantee about Stock Prices Is That They Will Fluctuate Chapter 25 Figure 25-6

7 Chapter 25 Table 25-2

8 While the Fed Ultimately Pursues Objectives like Stable Prices, Its Short-Term Operations Focus on the Intermediate Targets Chapter 26 Figure 26-3

9 Federal Reserve Determines Federal Funds Rate Chapter 26 Figure 26-4

10 Chapter 29 Table 29-1

11 Chapter 29 Table 29-2

12 U.S. Net Exports Turned Sharply Negative in 1980s Chapter 30 Figure 30-1

13 Net Exports Can Help or Hurt Depending upon Domestic Demand Chapter 30 Figure 30-3

14 The Foreign Exchange Value of the Dollar Chapter 30 Figure 30-4


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