Name: __________________________ AP Microeconomics Problem Set #6Unit 6: Market Failures 1. Economics Schools of Thoughts Unit 5. none . <>/Metadata 304 0 R/ViewerPreferences 305 0 R>> Explain the connections between macroeconomic variables and the international movement of goods, services, and financial capital. The monopolist has a linear marginal cost (shown here as Marginal Private Cost, MPC M ) and a downward-sloping demand curve D 0 . Which of the following will lead to an increase in human capital? If you are using assistive technology and need help accessing these PDFs in another format, contact Services for Students with Disabilities at 212-713-8333 or by email at ssd@info.collegeboard.org. Those bonds are a future liability as they can be sold again. 50 PDF Chapter by chapter quizzes for Amsco's AP Human Geography books. must learn new skills to get a job. In these problem sets, students are given an opportunity to apply the quantitative-reasoning skills they learned throughout the module. GDP the year 2010, but its real GDP would go from $3000000 in 2000 to Consumer Price Index measures changes in the price level of a market basket Youll use graphs, charts, and data to analyze, describe, and explain economic concepts. YouTube Video: Production Possibilities Curve Learn all about the course and exam. Explain two negative externalities associated with SUVs. For homework, finish the problem set. Individuals are qualified workers with transferable skills but Financial account measures the purchase and sale of assets abroad. Students should check the list of approved graphing calculators; they may bring only approved models. movie You'll use graphs, charts, and data to analyze, describe, and explain economic concepts. A. can be increased by human capital investment in the short run AP Macroeconomics Course and Exam Description. The GDP deflator is a measure of inflation and is used to convert the nominal GDP into the real GDP. Youll examine the concept of an open economy in which a country interacts with the rest of the world through product and financial markets. D. Technological change Real GDP is expressed in constant, unchanging dollars. D. Common property Exclusive unit summary videos, practice questions, study guides, and practice sheets with answer keys Three full practice exams (total of 180 multiple choice questions with answer keys) The exercise price is the market price of the shares on the date of grant,$14\$14$14 per share. Then these dollars would return as a positive entry in either the current or capital account. If the production possibilities curve of an economy is CD and the economy is producing at Point X, which of the following is true? Give and explain examples. An economy is employing 5 units of capital, 4 units of raw materials, and 8 units of labor to produce its total output of 600 units. Which of the following would best portray long-run economic growth? endobj Unit 6 Macroeconomic Indicators & Foreign Exchange Problem Set #6 Unit 3 Costs of Production & Perfect Competition Problem Set #3 Unit 7 Aggregate Demand Supply & Fiscal Policy Problem Set #7 Unit 8 Monetary Policy Problem Set #8 Unit 5 Resource Markets & Market Failures Problem Set #5 B. must learn new skills to get a job. C. fiscal policy increases aggregate demand Unit 6 AP Macroeconomics - Unit 6 - Open Economy - International Trade & Finance Finish out AP Macro: Open EconomyInternational Trade and Finance. The AD-AS (aggregate demand-aggregate supply) model is a way of illustrating national income determination and changes in the price level. incentives, trade-offs, opportunity cost, marginal thinking, trade creates value. YouTube Video: Production Possibilities Curve Shifts and answer these questions. Problem Sets | Macroeconomics Problem Sets This course contains problem sets that accompany each module. Find colleges that grant credit and/or placement for AP Exam scores in this and other AP courses. The Unemployment Rate is calculated using this equation: But what are they going to do with dollars? 6. Students also viewed Oliver discusses how to determine area under a normal curve and whether a result is surprising. Increase in positive government actions 3. Try doing these three questions to practice using the GD. For example, recent graduates looking for jobs. Everything you need to learn and practice for your introductory college, AP, A-Level, or CLEP microeconomics course and exams. example, iPhones dont go up in price but they get better every year. Decrease in investments. goods and services falls, demand for labor falls and workers are fired. Under its executive stock option plan, the company granted options on January 1, 2018, that permit executives to acquire 4 million of the company's $1 par common shares within the next five years, but not before December 31,2019 (the vesting date). endobj High tax rates KRUGMANS ECONOMICS for AP TEXTBOOK in PDF Format, Supply & Demand Notes Rough notes from teachers lecture, Interactive Supply & Demand Graphs interactive website for further practice AP Macroeconomics Course and Exam Description - College Board example, cashiers after self-checkout started spreading. Go to AP Classroom to assign the Personal Progress Check for Unit 2. D. Education For 2023 Fiveable Inc. All rights reserved. The CPI reflect the standard of living. Microeconomics - Unit II Answer Key Unit II Answer Key Click here for the answer key for the first half of the packet (demand, supply, equilibrium) Click here for the answer key for the. A one-semester, introductory college course in macroeconomics. For. In a private closed economy where MPC = 0.8, if consumers reduce their spending by $10 billion and firms cut investments by $5 billion, then equilibrium GDP will decrease by Multiple Choice, 1. MACROECONOMICS. ( /10) b. Youll spend more time exploring the effects of fiscal and monetary policy actions and examine the concept of economic growth. Prepare the appropriate journal entry to record compensation expense on December 31, 2018. This is calculated by adding the +$600 they receive for the purchase of a U.S. business by the Chinese, the +$200 they received from the Chinese government purchase of U.S. bonds, and the -$200 spent on the American investment in the Chinese stock market ($600+$200-$200). An increase in which of the following would most likely to increase long-run economic growth? Foreign Exchange . Course Hero is not sponsored or endorsed by any college or university. transactions, illegal or black-market activities, household production, and for example, your nominal interest was 10% and the rate of inflation was 5%. The second problem is New Products. C. measures productive capacity Based on the dividend growth model, what are the two components of the total return on a share of stock? What is the reserve ratio? D. has no effect on an economy's standard of living Skills You'll Learn Define economic principles and models Key Features of the AD-AS model The CPI ignores consignment, memorandum buying, and reverse auction. Interpret and manipulate economic models in the context of an open, international market. Assuming that the study is not taking an explicit position about whether soft drink consumption is good or bad, but just reporting the science, it would be considered positive. Who pays the external. For example, a movie could have a $80 billion C. $10 billion D. $20. between jobs. C. slope of the PPC Unemployment is caused by the obsoleting of some skills. This would result in dollars leaving the country, with the US current account as a negative entry. amsco answer key Ap world history unit 6 amsco reading guide by olivia jacobson. content differently based on local priorities and preferences. Price of Market BasketCurrent Year Labor Force. AP Macroeconomics Free-Response Practice Test 5: Inflation and Unemployment. Maybe a Ford car. Trade deficit is negative net exports where the imports are bigger c. I would also need to know the countys total GDP and its total population to arent working. A rightward shift of the aggregate demand curve C. A leftward shift of the production possibilities curve D. The per-unit cost of production is? Download free-response questions from past exams along with scoring guidelines, sample responses from exam takers, and scoring distributions. $4000000 in 2010. imports. C. cannot be increased in the long run Trade For This is explained though the. This would lead to the purchase of American goods or American assets (like stocks). Balance of Payments accounts measure all international transactions in a year. Since, For examples. % money on a fixed interest rate would benefit because they are paying back Workers do not Already enrolled? School San Juan Hills High Course Title ECON 101 Type Homework Help Uploaded By paigekoritz Pages 3 Ratings 88% (8) b. YouTube Video: Crash Course Economics #3: Economic Systems UNIT 2 AP MACROECONOMICS From Simple Studies, https://simplestudies.edublogs.org & @simplestudiesinc on Instagram UNIT 2: Economic Indicators and the Business Cycle GROSS DOMESTIC PRODUCT (GDP) GDP is the monetary total value of all final goods and services produced in one country in a period of time. _14.01 Principles of Microeconomics_ is an introductory undergraduate course that teaches the fundamentals of microeconomics. AP Macroeconomics Free-Response Practice Test 1. Your real income would stay the same if, for example, your nominal interest Individuals are qualified workers with transferable skills but. The current account as previously iterated shows the imports and exports (and their payments) of goods and services. Think about it. 2 0 obj Your teacher may choose to organize the course D. subject to depreciation Chemistry: The Central Science (Theodore E. Brown; H. Eugene H LeMay; Bruce E. Bursten; Catherine Murphy; Patrick Woodward), Psychology (David G. Myers; C. Nathan DeWall), Forecasting, Time Series, and Regression (Richard T. O'Connell; Anne B. Koehler), Principles of Environmental Science (William P. Cunningham; Mary Ann Cunningham), Business Law: Text and Cases (Kenneth W. Clarkson; Roger LeRoy Miller; Frank B. A. Click below for Study Guide directions: https://www.murrieta.k12 . C. Airports fruit grown in Mexico the decision to engage in one activity means forgoing some . E. can increase in the long run, Which of the following will not increase productivity? D. the economy's productive capacity increases 0% unemployment is impossible and undesirable. same, though the economic well-being has improved significantly. Prepare the appropriate journal entry to record the award of options on January 1, 2018. (____/6)Non-rival: You can't exclude people from using the good (i.e. A. Decreasing taxes Youll look at how economic phenomena such as employment and inflation are measured. between Year 3 and Year 4 is (150-125)/125 x 100 = 20%. AP Stats Unit 2 Progress Check Answers. goods and services falls, demand for labor falls and workers are fired. Unemployment is when theres no unemployment due to cyclical/recession AP Statistics Unit 2 Progress Check 1(c). MACROECONOMICS PART. 3. a. What is a futures contract? Once you join your AP class section online, youll be able to access AP Daily videos, any assignments from your teacher, and your assignment results in AP Classroom. Each unit of capital costs $10; each unit of raw materials, $4; Suppose that an economy produces 2,400 units of output, employing 60 units of input, and the price of the input is $80 per unit. $2 billion B. income earned in a year. A simulation is the imitation of the operation of a real-world process or system over time. It study to prepare for your unit 3 multiple choice test, macroeconomics unit 4 money monetary policy and economic stability about 15 20 of ap macro exam understand how monetary policy affects aggregate demand and the condition of the economy concepts include the definition of money fractional reserve banking and the federal reserve system . <> B. is fixed in the short run E. Increases in the labor force, Aggregate output must be CPI= Cross), Campbell Biology (Jane B. Reece; Lisa A. Urry; Michael L. Cain; Steven A. Wasserman; Peter V. Minorsky), Civilization and its Discontents (Sigmund Freud), Biological Science (Freeman Scott; Quillin Kim; Allison Lizabeth), Brunner and Suddarth's Textbook of Medical-Surgical Nursing (Janice L. Hinkle; Kerry H. Cheever), Educational Research: Competencies for Analysis and Applications (Gay L. R.; Mills Geoffrey E.; Airasian Peter W.), Give Me Liberty! Appreciation and depreciation occur when a currency experiences an increase . may not be in the market basket. Here is a, Please code in Python SAMPLE_DATA = { "West Humber-Clairville": { "id": 1, "hypertension": [703, 13291, 3741, 9663, 3959, 5176], "total": 33230, "low_income": 5950, }, "Mount. It also shows investments made by foreigners and by Americans on American assets and foreign assets, respectively. The tax is regressive because wealthy income earners are not taxed at all on income above $113,000. AP Macroeconomics Free-Response Practice Test 4: The National Economic Accounts. Intermediate goods, non-production This includes the sale and purchase of goods/services and assets. E. shifts as a result of productivity increases, Natural resources are b. Nominal GDP is measured in current prices. The problem set is comprised of challenging questions that test your understanding of the material covered in the course. As demand for An_Thanh_Cao_-_Micro_Topic_6.4-_The_Effects_of_Government_Intervention.pdf, Problem Set 6 Market Failures with Fields- noahs.pdf, It is important to recognize the fallacy involved in the antiphonal response, Which of the following statements regarding the superior facet orientation in a, The Protein Data Bank PDB is a database httpwwwrcsborg for the three dimensional, utility function is shaped the way it is in Figure 1013 this amount marked x on, no need to go into great details just one or two sentences maximum for each, Postpartum Psychosocial Complications finally.pdf, Step 3 Suspend the VM and copy the last portion of the data Steps 4 and 5 Commit, Downloaded by li li lilili2019000gmailcom lOMoARcPSD4343609 Page M1 14 Module 1, PHIL 1404 Discussion Assignment Unit 1_19.docx, MKTG1203 CHAPTER 7 Marketing Research.docx, attempt to either avoid or minimize the effects of proposed budget cuts Im pact, week 4 - Six instructional strategies.docx, SITHCCC008 Student Assessment Tasks-21.pdf, The particular style of Dixieland trombone playing popularized by Kid Ory that, 8 Use the following information regarding a projects cash flows to answer, 5_Reflection and Project Development.docx, a. A good or commodity that grows in worth is These will come automatically loaded into your assignment tool in your LMS, but may be downloaded, adjusted, deleted, or personalized to fit your class needs. Write one sentence for the following vocabulary terms. Complete ecological units that function as natural systems without massive civilized human intervention, including all vegetation, microorganisms, soil, rocks, the atmosphere, and natural phenomena that occur within their boundaries and their nature. AP Macroeconomics Free-Response Practice Test 3. provide one possible sequence for the course. Use the term in context. This test contains 12 AP macroeconomics practice questions with detailed explanations, to be completed in 14.4 minutes. nominal GDP of $3000000 in the year 2000 and it would have the same A leftward shift of the aggregate demand curve B. their debt with less real dollars, and lenders who loan money on a fixed rate Unit 6 Problem Set . Unemployment results from economic downturns (recessions). Decrease in government spending. services produced in a year or using the income approach where you add up all buy German products, then they supply dollars to pay for euros. adjusted for inflation, and its better. Then the Fed would come in and do something with official reserves to make it equal to zero. Addeddate 2022-04-10 18:44:43 Identifier amsco-ap-world. You would also include the purchases made by Chinese tourists and money spent by American tourists but since those amounts are both $1000 they cancel each other out. Unit 4 . of consumer goods and services purchased by households. company builds new factory), Government (ex. Learning Opportunities for AP Coordinators. C. Depreciation of capital stock b. Nominal IR=Real IR+Expected Inflation and appreciation is a house. https://whs-pajaro-ca.schoolloop.com/pf4/cms2/view_page Macro Unit 2 Practice Questions (Free Download) - YouTube If Americans wants to Dig deeper into the different forms of energy in unit 4 of AP Physics 1. D. either less than or equal to LRAS Basically, everything would come back. A CPI of 150 This means dollars leaving the US would end up coming back to the US. The % of $ that banks must hold in reserves. Budget Constraints. rather just money. 2. who supplies currency and who demands it. came out, they werent calculated at all, since CPI is a fixed that changes a. It clearly lays out the course content and describes the exam and AP Program in general. IN THIS UN. AP Macroeconomics About the Course About the Exam Go to My AP About the Course About the Exam About the Course Explore the principles of economics that apply to an economic system as a whole. hodgetwins names We come up with the money for Ap Macroeconomics Unit 3 Test Answers and numerous book collections from fictions to scientific research in any way. Unemployment is caused by the obsoleting of some skills. Cyclical 1. Determine outcomes of specific economic situations, Model economic situations using graphs or visual representations. US sent more USD abroad then receiving foreign currency, more foreign capital investment within the US than American investments abroad, If the money for the transaction is flowing out of the country it is negative. B. is a function of the price level Join your class in My AP. Watch: Watch the lecture videos related to the chapter and "fish" for a. The value of the financial account for the United States is a surplus of $600. the CPI market basket may not include the newest consumer products, CPI OF EXCELLENCE . in the course of them is this Ap . The problem sets are derivatives from the practice questions that are scattered throughout the course for practicesometimes housed within a content page or sometimes found on a separate page titled Learn By Doing. If students complete the practice questions, which allow unlimited attempts with various numbers, they may have already encountered the majority of the questions in the problem sets. Unemployment results from economic downturns (recessions). The course content outlined below is organized into commonly taught units of study that c. If actual inflation is greater than the anticipated inflation, then borrowers of means that inflation increased by 50% from the base year to Year 4. Download free-response questions from past exams along with scoring guidelines, sample responses from exam takers, and scoring distributions. Raising government spending B. never renewable than the exports. A. greater than LRAS Decrease in resource prices 2. This course introduces microeconomic concepts and analysis, supply and demand analysis, theories of the firm and individual behavior, competition and monopoly, and welfare economics. Structural C. Political stability Be sure to show work or justify your answer for each problem. This is the core document for the course. The money he receives is not a future liability, but Youll start the course with an introduction to economic concepts, principles, and models that will serve as a foundation for studying macroeconomics. As a result of the negative externality, for every given output level Marginal Social Cost ( MSC ) is now higher than Marginal, In this question, you will discuss the general case of negative externalities and an interesting outcome of a monopolist's presence in a market with a negative externality. There are two accounts within the balance of payments: (1) the current account, and (2) the capital account. improvements in product quality. Money, Monetary Policy, and Economic Stability UNIT 5 - Monetary and Fiscal Combination: Economic Policy in the Real World Economic Schools of Thought - Transperencies used in class Activty 52 Answer Key - Sorting Out Macroeconomic Theories UNIT 6 - The United States in a Global Economy Investment in human capital xYmo6n> R1S")bPK4Ya~Pd`K ;GV(4I{xEKg>(Ena\v;41Z\i6>i]WWw^Uq2I>q0N~H@2C7x*X Ze.5`D You would also include the purchases made by Chinese tourists and money spent by American tourists but since those amounts are both $1000 they cancel each other out. Not all free-response questions on this page reflect the current exam, but the question types and the topics are similar, making them a valuable resource for students. AP Macroeconomics Review - with Answers Page 15 62. Belgium 15 60. E. phase of the business cycle, Which of the following is true regarding productivity? Current account is made up of net exports, investment Table from Five Steps to a Five Macroeconomics, Sample Balance of Payments Between Two Countries. Determine the total compensation cost pertaining to the options. Please note: Effective June 1, 2022, some questions from previous AP Macroeconomics Exams may no longer perfectly align with the course updates that take effect starting with the May 2023 exam. First, let's say Americans import jackets from France. A. GEORGIA . B. intersection of the SRAS and AD surves IT-these are the standards from this topic that will be test on the EOC. Define and give examples of the determinants of aggregate demand. The euro, Unit 6 Macroeconomic Indicators & Foreign Exchange Problem Set #6, Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, transactions, illegal or black-market activities, household production, and, expenditure approach where you add up all spending on final goods and, services produced in a year or using the income approach where you add up all. military buys new equipment), and Net Exports (ex. AP Macroeconomics Free-Response Practice Test 2. Since an op-ed makes a case for what should be, it is considered normative. For examples, VCR repairmen. If you demand appreciating, and a good that loses its worth is depreciating. A. Explain why the public sector and not the private sector provides public goods. LAST UNIT! Review your notes periodically. b. Corporate income tax on his profits, individual income tax on his salary, and payroll tax taken out of the wages he pays himself. was 5% and the rate of inflation was 5%. Balance of Payments . AP Exams are regularly updated to align with best practices in college-level learning. B. Aggregate Demand, Aggregate Supply, and Fiscal Policy. The fair value of the 4 million options, estimated by an appropriate option pricing model, is $3\$ 3$3 per option. 1. E. increasing if there is economic growth in the economy, Which of the following is a government policy to promote growth? It is 4. If the MPC is 0.8 and the equilibrium GDP is $10 billion below the full-employment GDP, then the size of the recessionary expenditure gap is A. <> Now people in France have dollars. 3. . The value of the current account for the United States is a deficit of $600. 4. Moles and molar mass: Atomic structure and properties AP Chemistry Homework Answer Key AP Chemistry First Semester Week 0 (Aug 10-12) AP Chem - Week 0 - Lab Safety Test(Due on 8/11) Week 1 (Aug 15-19) AP Chem - Week 1 - Atomic Structure(Due on 8/18) Week 1 Answer Sheet Photoelectric Effect Practice Problems Photoelectric Effect Practice . Increase in Productivity A decrease in AS? In these problem sets, students are given an opportunity to apply the quantitative-reasoning skills they learned throughout the module. Unit 6 . d. The first problem is Substitution Bias where as prices increase for the fixed Unit 3 Numbers that make the news . answer choices A fixed exchange rate is set by the monetary authority with respect to a foreign currency or a basket of foreign currencies, a floating exchange rate is determined in foreign exchange markets depending on demand and supply, and it generally fluctuates constantly. Assignment: Problem Set Economic Thinking, Assignment: Problem Set Choice in a World of Scarcity, Assignment: Problem Set Supply and Demand, Assignment: Problem Set Applications of Supply and Demand, Assignment: Problem Set GDP and Economic Growth, Assignment: Problem Set Unemployment and Inflation, Assignment: Problem Set The Aggregate Demand-Aggregate Supply Model, Assignment: Problem Set Keynesian and Neoclassical Economics, Assignment: Problem Set The Income-Expenditure Model, Assignment: Problem Set Money and Banking, Assignment: Problem Set Monetary Policy, Assignment: Problem Set Policy Applications, Assignment: Problem Set Globalization and Trade, Assignment: Problem Set Exchange Rates and International Finance, https://thenounproject.com/term/puzzle-pieces/963732/. Did you have an idea for improving this content? Increase in government exports. This is calculated by adding the trade surplus of $500 to the $100 in humanitarian aid that they are receiving from the United States which is positive. This is the regularly scheduled date for the AP Macroeconomics Exam. Unit 6 Macroeconomic Indicators & Foreign Exchange Problem Set #6 Macroeconomic Indicators & Foreign Exchange Problem Set SchoolHigh School - USA CourseAP Macroeconomics (AP History and Social Science) Academic year 2017/2018 Helpful?00 Share Comments Please sign in or register to post comments. Which do you think is typically bigger? They hold some foreign currency which is called the, It's kinda like the concept of using money from your savings account to save your negative checkings account. A CPI of 100 means Course Hero is not sponsored or endorsed by any college or university. paying. The A. always renewable France 40 80. relative to the base year and cannot be compared to other years. example, your nominal interest rate was 5% and the rate of inflation was 10%. Identify and explain the two characteristics of public goods. Nevertheless, most nations attempt to create barriers to trade using tariffs, quotas or regulations. have transferrable skills and theses jobs will never come back, so workers A CPI of 125 means This course contains problem sets that accompany each module. A quick way to determine if an asset is positive or negative is: Looking at the example above, the United States has a trade deficit of $500 ($300 Exports - $800 Imports) and China has a trade surplus of $500 ($800 Exports - $300 Imports). AP Macroeconomics Exam Free-Response Questions and Scoring Information Archive Download free-response questions from past exams along with scoring guidelines, sample responses from exam takers, and scoring distributions. No forfeitures are anticipated. d. by the initial consumer but rather society as a whole. Roads <>/XObject<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/Annots[ 12 0 R 15 0 R] /MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> The CED was updated in the summer of 2022 to incorporate new monetary policy content and the updated calculator policy. Learn how how economic activity between nations must be facilitated by complex currency exchange markets. In the case that you've, Please consider a market served by a monopolist. market basket, consumers buy less of these products and more substitutes that AP Exams are regularly updated to align with best practices in college-level learning. that inflation increased by 25% from the base year to Year 3. AP Macro > Unit 6 6.1 Balance of Payments Accounts 5 min read january 7, 2023 J Jeanne Stansak H Haseung Jun Share Balance of Payments Accounts Balance of Payments accounts measure all international transactions in a year. Economics Macroeconomics AP Macroeconomics Unit 6 Quiz 3.0 (2 reviews) Term 1 / 20 Which of the following would best portray long-run economic growth? D. Providing public education The four components are Consumption (ex. Give an example of a situation in which someone might buy such a contract. YouTube Video: Crash Course Economics #1: Intro to Economics 1 0 obj ap world history ultimate review packet unit 6 answers Here are the dates for MC Questions on AP Classroom: Unit 7: 1/13-1/21 Unit 3: 1/21-1/30 Unit 4: 2/3-2/6 Unit 5: 2/24-2/27 Unit 6 will be. Public Goodsa. B. less than LRAS Define. 4 0 obj D. horizontal intercept of the LRAS An decrease in AD? If you are using assistive technology and need help accessing these PDFs in another format, contact Services for Students with Disabilities at 212-713-8333 or by email at [emailprotected]. Make sure you have mastered the concepts and problem solving techniques from the following sessions before attempting the problem set: Preferences and Utility. B. For example, when eBooks Labor hours needed to produce a unit of: Country Wine Cheese. 5 lakh to usd Calculators can be used on all or some parts of the AP Exams listed here (and on no others). Fill ap microeconomics problem set 6 answers: Try Risk Free Comments and Help with unit 6 market failures and the role of the government problem set 6 answers Preview of sample ap microeconomics unit 6 frq If you believe that this page should be taken down, please follow our DMCA take down process here. YouTube Video: Circular Flow Model, UNIT 3 Aggregate Demand & Aggregate Supply: Fluctuations in Outputs and Prices, AD/AS Website with great interactive feature, UNIT 4 Money, Monetary Policy, and Economic Stability, Money, Monetary Policy, and Economic Stability, UNIT 5 Monetary and Fiscal Combination: Economic Policy in the Real World, Economic Schools of Thought Transperencies used in class, Activty 52 Answer Key Sorting Out Macroeconomic Theories, UNIT 6 The United States in a Global Economy, International Trade, Absolute/Comparative Advantage, Balance of Payments, and Exchange Rates, Absolute/Comparative Advantage Visuals Transperencies used in class, interactive website for further practice, LEXC Top 10 Performances in Meets by Grade, LEXC Top 25 Performances on Various Courses, YouTube Video: Crash Course Economics #1: Intro to Economics, YouTube Video: Production Possibilities Curve, YouTube Video: Production Possibilities Curve Shifts, YouTube Video: Crash Course Economics #3: Economic Systems.

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