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3 Tutorials that teach Money Supply - Price Level / Inflation
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Money Supply - Price Level / Inflation

Money Supply - Price Level / Inflation

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Author: Colton Cranston
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This lesson covers the money supply and price level/inflation
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Notes on "Money Supply - Price Level / Inflation"

Key Terms

Money supply

The sum of cash and deposits in savings and checking accounts at a given time; the capital stock within an economy at a given time.

Interest Rate

The price an individual pays to borrow money or the opportunity cost that an individual absorbs to hold a quantity of money.

Price

The cost of a good or service; nominal prices reflect the current or prevailing price for an item; real prices adjust for purchasing power variation over time (inflation).

Inflation

The general level of increase in prices from one period to another.