Ap macroeconomics Study guides, Class notes & Summaries

AP Macroeconomics: Final Exam Questions And Correct Answers |Verified

AP MACROECONOMICS Questions and Answers (latest Update 2024)

AP Macroeconomics Exam Review Questions and Answers (Latest Update 2024)

AP Macroeconomics Exam Questions and Answers (Latest Update 2024)

AP Macroeconomics Ultimate Guide 2023 with complete solution

Scarcity exists because - correct answer A. human wants exceed the resources available to satisfy them An opportunity cost is - correct answer C. the benefits of the highest-valued alternative forgone You have chosen to take a trip during spring break. If you had not gone, you would either have worked at a temporary job or studied for exams. The opportunity cost of your trip is - correct answer E. We cannot determine what the opportunity cost is without knowing which alternative,...

AP Macroeconomics Study Guide 2024

Movement on Short-Run Phillips Curve CORRECT ANSWER Shift in AD (graph movement is in opposite direction) Shift of Short-Run Phillips Curve CORRECT ANSWER Shift in SRAS (shift is in opposite direction) Factors of Production CORRECT ANSWER 1. Land 2. Labor 3. Capital 4. Technology Shifters of Demand for Loanable Funds CORRECT ANSWER 1. Incentive to Invest 2. Contractionary Fiscal Policy (to the right) Shifters of Supply of Loanable Funds CORRECT ANSWER 1. Incentive to Save 2. Mon...

AP Macroeconomics: Final Exam Questions and Answers (latest update 2024)

AP Macroeconomics Studyguide questions and answers 2024 latest update graded A+