Macroeconomics key terms
[DOC File]CHAPTER 1
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Macroeconomics is the study of the nation’s economy as a whole. Macroeconomists study questions of inflation, unemployment, and economic growth. These are the economic issues you frequently hear about on the news or read about in the paper and on the web. ... Key Terms for Appendix. Negative relationship: A relationship in which two variables ...
[DOC File]ADVANCED PLACEMENT MACROECONOMICS
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Index Cards on Unit Key Terms (see attachment for terms and due dates) New Ideas From Dead Economist, Chapter 8;Old and New Institutionalists. Graphing: Circular Flow of Economic Activity. Phases of the Business Cycle. Advanced Placement Economics Macroeconomics: Student Activities (NCEE): Unit Two Key Ideas and Activity 12, All About GDP
[DOC File]Mater Academy Charter Middle / High School
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Aug 20, 2019 · Vocabulary and Key Terms Economics / The Core of Economics . Microeconomics. Macroeconomics. Other-things-equal assumption/ ceteris paribus. Economic Resources/ Factors of Production. Positive versus Normative Economics. Circular flow diagram. Command Economy. Market Economy. Traditional Economy. Underground Economy. Division …
[DOC File]Mater Academy Charter Middle / High School
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Jan 26, 2016 · Take notes and complete the following vocabulary and key terms. Vocabulary and Key Terms Macroeconomics vs Microeconomics. Macroeconomics questions. Gross domestic product (GDP) Expenditure approach . Income approach. Personal consumption expenditures (C) Gross private domestic investment (I) Government purchases (G) Net exports (Xn) Nominal ...
[DOCX File]Mr. Barikmo's Eclassroom - Home
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Key Terms to Define (and learn!) Scarcity. Microeconomics. ... “Rising oil prices have caused a sharp decrease in the demand for oil”. Speaking precisely, and using terms as economists define them, choose the statement that best describes this quotation. ... Things to note on writing the FRQ’s for the AP Macroeconomics exam. JTFJ “Just ...
[DOC File]Study guide for Economics Unit I test
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Terms to know: You are responsible for knowing . ALL. the terms in Chapters 1-2. The ones listed below should be defined or identified on loose leaf paper and turned in. DUE DATE = 1/10/14. 1. Scarcity 11. Command economy 21. Competition. 2. Opportunity Cost 12. Traditional economy 22. Bankruptcy. 3. Capital (goods) 13. Market economy 23 ...
[DOC File]Part 1 - College of Micronesia-FSM
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Micro and macroeconomics are interrelated since macroeconomic issues help to shape the decisions that affect individuals, families, and businesses (a good example to illustrate this point is interest rates). Learning Goal 2: Explain the factors that drive demand and supply. Key Terms: Demand Supply. Class Discussion Notes:
[DOC File]AP Macroeconomics Formulas and Definitions:
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Key, first get the labor force – all the folks who are actively seeking employment! ... Macroeconomics: the study of economy-wide phenomona, including inflation, unemployment, and economic growth. Marginal analysis: decision making which involves a comparison of marginal (extra) benefits and marginal costs. ... Terms of trade: the rate at ...
[DOCX File]JENKINS SOCIAL STUDIES
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Macroeconomics . Key Terms. Image. Definition. What that means. Aggregate demand. The total quantity of goods and services demanded at different price levels. Total demand for a country. Aggregate supply. The total value of goods and services that all firms would produce in a specific period of time at various price levels.
[DOC File]AP MACROECONOMICS
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After completing AP Macroeconomics course, students should be able to do all of the following: 1. Define and understand the key economic terms;. 2. Use the graphical and mathematical tools of Macroeconomics theory as demonstrated in class, in the text, and. in homework problems; 3.
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