Unit 3: Lesson 16 - Making Choices About Saving and Investing This lesson introduces the distinction between savings and the investment. It demonstrates how the price of money --the interest rate--is critical to making the right savings and investment choices. It explains when, under various conditions, it is or is not in people's best interest to save. Concepts: - Choice
- Inflation
- Saving
- Interest
- Investment
- Loanable Funds Market
- Purchasing Power
- Savings
Standards: - Standard #2: Decision Making
- Standard #12: Interest Rates
 Unit 6: Lesson 32 - The Effects of Inflation Students examine recent inflation rates in the United States and discuss the interpretation of inflation rates. They read about the inflation-related experiences of teachers in the former Soviet Union and Eastern Europe and use these experiences as a basis for identifying the effects of high rates of inflation. Concepts: Standards:
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