phillips curve

  1. B

    Inflation

    Description The PPT explaining what Inflation is all about. It talks about 3 types of inflation namely moderate, hyper and running and galloping. Group 1 ? Rise in the general level of prices of goods and services in an economy Too much money chasing too few goods Continuous fall in value of...
  2. B

    Determination of national income

    Description This is a presentation describes detail how national income is determined. Determination of National Income and the role of Fiscal Policy • Aggregate demand is the total amount of goods demanded in an economy. • AD = C + I + G + NX ( C= consumption,I = investment, g=govt...
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