ACDC Leadership
Macro Unit 2 Summary (Old Version)- Measuring the Economy
Hey, this is Jacob Clifford and welcome to the Macro Unit 2 Summary. This unit is about measuring the economy and covers topics like GDP (1:04), the business cycle (6:15), unemployment (7:28), the types of unemployment, the natural rate...
Khan Academy
Banking 4: Multiplier Effect and the Money Supply
In the context of a discussion about real wealth versus the representation of wealth (money), Sal explains the multiplier effect and how 1000 pieces of gold can become 2710 pieces of gold. Viewers will appreciate the annotations and...
Khan Academy
Khan Academy: Deflation: Velocity of Money Rather Than Quantity Driving Prices
Looks at a simplified scenario to discover how the velocity of money can drive price increases. [3:30]