Macro Quiz 3.docx - Econ 104 Goffe Section 1 1 Be able to calculate the inflation rate(core and headline real wages and real prices and to be able to

Macro Quiz 3.docx - Econ 104 Goffe Section 1 1 Be able to...

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Econ 104: Goffe Section 1 1.Be able to calculate the inflation rate (core and headline), real wages and real prices, and to be able to explain what they measure. (Ch. 9.4 & 9.5 and notes) 2.Be able to calculate real interest rates and explain their importance. (Ch. 9.6 and notes) 3.Be able to describe the harm from inflation. (Ch. 9.7 and notes)
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Econ 104: Goffe ex : $120 for 3% ant. inflation for a typical household Section 2 1.Be able to explain why economic growth isn't "zero sum." (notes)
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