ECON 205 Lecture (3.5.2008)

ECON 205 Lecture (3.5.2008) - “C” stands for fiscal...

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ECON-205 Lecture 3/5/2008 Continuing inflation… Fiscal/monetary policies used to curb inflation - Who is hurt by inflation? - Fixed income groups o Retirees o Social Security recipients o Welfare recipients Who gets benefits from inflation? - Realtors C + I + G - “I” stands for monetary policy (is in hands of Ben Bernanke and Federal Reserve Bank)
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Unformatted text preview: - “C” stands for fiscal policy- Consumption (helps to curb inflation)- Disposable income = money in your hand- “G” stands for government spending If laid off, unemployment insurance....
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