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[DOC File]AP MACRO ECONOMICS / REVIEW SHEET / TEST MODULES 10-15 ...
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Unit of account costs (inflation) 13. Hyper inflation. 14. CPI (consumer price index) Inflation Rate = 100 x (CPI this year – CPI last year) / CPI last year. 15. Market basket. 16. Creditors (dislike inflation) but borrowers (like inflation) Title: AP MACRO ECONOMICS / REVIEW SHEET / TEST MODULES 10-15 KRUGMAN/ MR Author: noah lipman Last modified by: Staff Member Created Date: 11/15/2011 1 ...

[DOC File]Unit I: Fundamental Principles
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AP Macro Unit 1: Basic Economic Concepts. Problem Set #1. Complete each of the following tasks with short paragraphs: Explain the relationship between scarcity, choices, and trade-offs (____/5) Differentiate between the following terms: price, costs, and opportunity cost (____/4) Fully explain the difference between the following (USE EXAMPLES): Consumer Goods and Capital Goods (____/3 ...

[DOC File]ADVANCED PLACEMENT MACROECONOMICS
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2011-06-08 · Students participating in this program will be expected to take the College board test for AP Macroeconomics in May, 2010. Students must also understand that there will extensive supplemental readings. Therefore, time management, organization and attendance will play a key factor in the success of this program. Computer knowledge and access to the internet will be needed during this course ...

[DOC File]ADVANCED PLACEMENT MACROECONOMICS
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Those students taking the AP Macro Course are expected to take the 2013 AP Examination in Macroeconomics. This examination is approximately two hours long, and consists of a 70-minute multiple-choice section and a 50-minute free-response section. For scoring purposes, the multiple-choice section of the test accounts for two-thirds of the student's examination grade and the free-response ...

[DOC File]Unit 3 Retake / Practice Test AP Macroeconomics Krugman ...
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Unit 3 Practice Test AP Macroeconomics Krugman Text . Multiple Choice. Identify the choice that best completes the statement or answers the question. ____ 1. The marginal propensity to consume is: A. increasing if the marginal propensity to save is increasing. B. the proportion of total disposable income that the average family consumes. C. the change in consumer spending divided by the change ...

[DOCX File]If demand decreases AND supply increases, what happens toP ...
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NOTE: On the test for this unit, but not on the AP MACRO test. Elasticity. Give three reasons why the demand for some goods are elastic and others are inelastic. In your response, define elasticity and inelasticity. (____/5) EXPLAIN how the total revenue test can be used to determine if a demand curve is elastic or inelastic. ( ____/5)

[DOC File]Jason Majewski - Quia
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27 28 29 Unit 3 Test 30. Macro Overview . Hwk: Read Modules 2, 10-11 . 25 GDP 26. GDP. Hwk: Read Module 15 and AP Macro Acts. 2-1, 2-2 27. No School 28. No School 29. No School December 2 . Consumer Price Index. Hwk: Read Module 14 3. CPI cont. Hwk: AP Macro Activity 2-4 4. Inflation. Hwk: AP Macro Activity 2-3, 2-5 5. Inflation. Hwk: Read Modules 12 and 13 6. Unemployment. Hwk: Read …

[DOC File]BIOLOGICAL MOLECULES - TEST QUESTIONS
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ORGANIC COMPOUNDS that are composed of carbon, hydrogen, and oxygen in a 1:2:1 ratio are called: proteins. nucleotides. sugars. fatty acids. nucleic acids STARCH and CELLULOSE are ALIKE in that both are: composed of covalently bonded glucose molecules. found only in animal cells. contain sugars bonded together in identical ways

[DOC File]All the graphs you need to know for Macro
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**Some test writers call the recession a contraction and the recovery an expansion. Short Run AD/AS. 1. Labels on the axes change to PL and RGDP (or RDO) 2. Curves are now AD and SRAS (AS) 3. Price is identified as PL at each equilibrium level. On the X axis, use the letter Y to indicate the quantity amount. 4. Aggregate Demand Shifters ...

[DOC File]AP Macro Practice Test - anderson.k12.ky.us
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Output Per Unit of Labor Input. England Portugal. Cloth 20 24. Wine 2 12 Portugal has a comparative advantage in the production of cloth and wine. England has a comparative advantage in the production of cloth and wine . Portugal has a comparative advantage in cloth and England has a comparative advantage in wine. England has a comparative advantage in cloth and Portugal has a comparative ...

Ap macro unit 2 test