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Day 2 Power Point
 

Day 2 Power Point

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    Day 2 Power Point Day 2 Power Point Presentation Transcript

    • A 1,000,000,000 (1 billion) Mark Banknote, issued in Bavaria/Germany during the hyperinflation of 1923.
    • George Grosz Germany: a Winter's Tale. 1917
    • Eclipse of Sun. 1926
    • Glad to Be Back. 1943
    • Cain, or, Hitler in Hell. 1944
      • CURRENCY DEPRECIATION
      • Country X’s Currency Becomes Less valuable
        • -- 1 marks/dollar shifts to 1.8 mark/dollar
        • Country X’s Exports Rise
        • -- Price of Exports Decreases; Demand for Exports Rises
        • Country X’s Imports Fall
        • -- Price of Imports Increases; Demand for Imports Falls
        • Country X’s Trade Deficit Falls
        • -- Sells more to other countries than it buys from them
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