Macroeconomics, 9/e

Campbell R. McConnell, University of Nebraska, Lincoln
Stanley L. Brue, Pacific Lutheran University
Thomas P. Barbiero, Ryerson University

Introduction to Economic Growth and Fluctuations

Chapter Objectives

In this chapter you will learn:

The definition and causes of economic growth.

The nature and cause of the business cycle.

The nature of unemployment and its measurement.

The definition of inflation and how it is measured.

The redistribution effects of inflation.

The output effects of inflation.

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