Ch 12: Inflation & Income Policies

About This Chapter

This chapter can effectively improve your understanding of inflation and income policies and increase your ability to ace a test, excel on an assignment or earn course credits. Entertaining lessons offer fun and engaging examinations of this subject in a secure online environment.

Inflation & Income Policies - Chapter Summary

Whether you are looking for an introduction to inflation and income policies or want to strengthen your existing knowledge, this chapter can help. Our top instructors have created bite-sized lessons that provide in-depth analyses of income policies, the inflation rate and the circular flow of income. Review these lessons anytime using any computer or mobile device with Internet access. Test your comprehension of the concepts they cover by taking the multiple-choice quizzes and a chapter exam. Our experts can answer any questions you have about lesson topics you don't fully understand. Once you've completed this chapter, you will be able to:

  • Define and describe the circular flow of income
  • Share the definition and utilize the formula for the inflation rate
  • Adjust wages for the inflation rate
  • List current issues related to income policy

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
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Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
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