Macro: Unit 1.5 -- Inflation

Published: 15 June 2017
on channel: You Will Love Economics

109,161

Hey Everyone! I'm Mr. Willis, and You Will Love Economics!

In this video, I will:
Define inflation, deflation, and hyperinflation
Describe the effects of inflation on purchasing power
Identify the three causes of inflation
Practice calculating the market basket and inflation/deflation rate over time
Discuss who is hurt, helped, and unaffected by excessive inflation

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