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Copyright©2004 South-Western
3030Money Growth
and Inflation
Copyright©2004 South-Western
Figure 1 How the Supply and Demand for Money Determine the Equilibrium Price Level
Copyright©2004 South-Western
Figure 2 An Increase in the Money Supply
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Figure 3 Nominal GDP, the Quantity of Money, and the Velocity of Money
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Figure 4a Money and Prices during Four Hyperinflations
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Figure 4b Money and Prices during Four Hyperinflations
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Figure 4c Money and Prices during Four Hyperinflations
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Figure 4d Money and Prices during Four Hyperinflations
Copyright©2004 South-Western
Figure 5 The Nominal Interest Rate and the Inflation Rate
Table 1 How Inflation Raises the Tax Burden on Saving
Copyright©2004 South-Western
![Inflation “Too much money” Real GDP Unemployment BusinessCycles Unemployment 1960-Present Inflation Economic Growth [Increase in RGDP] & Instability](https://img.pdfslide.us/doc/110x75/56649e5d5503460f94b55e74/-inflation-too-much-money-real-gdp-unemployment-businesscycles-unemployment.jpg)
