Managing in a global economy by john marthinsen babson MBA chapter 05
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CHAPTER 5
Inflation: Who Wins, and Who Loses?
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reserved.
Exhibit 5-1
Effects of Inflation on the Purchasing Power
of a $100,000 Salary
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reserved.
Exhibit 5-2
U.S. Consumer Price Index: January 1960–July 2006
Source: U.S. Department of Labor: Bureau of Labor Statistics, />CPIAUCNS/downloaddata (accessed September 7, 2006).
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reserved.
Exhibit 5-3
Cost of a U.S. University Education for One Year
at Various Inflation Rates
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reserved.
Exhibit 5-4
The Circular Flow Diagram
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reserved.
Exhibit 5-5
Relationship among Nominal Interest Rate, Real
Interest Rate, and Expected Inflation
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reserved.
Exhibit 5-6
Effects of Inflation When Expected Inflation = Actual
Inflation
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reserved.
Exhibit 5-7
Effects of Inflation When Expected Inflation > Actual
Inflation
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reserved.
Exhibit 5-8
Effects of Inflation when Expected Inflation < Actual
Inflation
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reserved.
Exhibit 5-9
When are Lenders and Borrowers Hurt and Helped
by Inflation?
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reserved.
Exhibit 5-10
Adaptive Expectations Theory
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reserved.
Exhibit 5-11
Rational Expectations Theory
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Exhibit 5-12
When are Laborers and Businesses Hurt and Helped
by Inflation?
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reserved.
Economic Information for Switzerland, 2001–2005
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reserved.
