Slide 1 Copyright2004 South-Western 30 Money Growth and Inflation Money Growth and Inflation Slide 2 Copyright2004 South-Western Figure 1 How the Supply and Demand for Money Determine the Equilibrium Price Level Slide 3 Copyright2004 South-Western Figure 2 An Increase in the Money Supply Slide 4 Copyright2004 South-Western Figure 3 Nominal GDP the Quantity of Money and the Velocity of Money Slide 5 Copyright2004 South-Western Figure 4a Money and Prices during Four Hyperinflations Slide 6 Copyright2004 South-Western Figure 4b Money and Prices during Four Hyperinflations Slide 7 Copyright2004 South-Western Figure 4c Money and Prices during Four Hyperinflations Slide 8 Copyright2004 South-Western Figure 4d Money and Prices during Four Hyperinflations Slide 9 Copyright2004 South-Western Figure 5 The Nominal Interest Rate and the Inflation Rate Slide 10 Table 1 How Inflation Raises the Tax Burden on Saving Copyright2004 South-Western