Wednesday, January 20, 2010

Inflation Articles for AP Macroeconomics

Summary: Mankiw. Kliesen.

Is inflation the next dragon to slay? The answer is in the Regional Economist. An 11-minute video discussing the article by Economist Kevin L. Kliesen is here.

Mr. Mankiw's New York Times Article is here.

To see the M2 money supply, use FRED data base series, M2.

Extra credit. Why is deflation a problem? Why is the M2 money aggregate used instead of the M1?

About the Author: Mike Fladlien is an AP Economics teacher from Muscatine High School in Muscatine, IA. He is an author, and also publishes the Mikeroeconomics and iMacroeconomics VB blogs.


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