Beruflich Dokumente
Kultur Dokumente
UNIVERS ITI
BRUNEI DARUS S ALAM
TEN PRINCIPLES OF
ECONOMICS
1) How
People Make
Decisions
10
Econ
Prin.
2) How
People
Interact
3) How the
Economy
as a Whole
Works
2
DONE BY HJ SUHAIMI HA
Inflation is an increase in
the overall level of prices
in the economy.
One cause of inflation is
the growth in the quantity
of money.
When the govt. creates
large quantities of money,
the value of the money
falls.