100%(3)3 out of 3 people found this document helpful
This preview shows page 1 - 3 out of 6 pages.
Econ 104: GoffeSection 11.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)
Econ 104: Goffeex: $120 for 3% ant. inflation for a typical householdSection 21.Be able to explain why economic growth isn't "zero sum." (notes)