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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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Terms to Know
Inflation

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

Interest Rate

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

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.

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).