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.
- Loanable Funds Market
- Purchasing Power
- 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.