2008 Exam AP Macroeconomics
Interest Rates
Fatih Özatay, TOBB-ETÜ and TEPAV Sarajevo, 20 October 2009 tepav Economic Policies in the Aftermath of Financial Crises in Emerging Economies.
Equilibrium: Real Output (GDP) & the Price Level Unit 3 Part 5 Krugman Section 4 Module 19.
Ch 13. Money And The Economy. Money And The Price Level Do changes in the money supply affect the price level in the economy? The equation of exchange.
Chapter 13 Fiscal Policy. The Multiplier Formula (cont’d) Can use this formula to find the impact on real GDP of any given change in aggregate demand:
The Phillips Curve. Intro to Phillips Curve There is a short-run trade-off between unemployment and inflation Lower unemployment leads to higher inflation.
Aggregate Demand and Aggregate Supply. Shows the amount of Real GDP that the private, public and foreign sector collectively desire to purchase at each.
Chapter 13
