AP ECONOMICS: September 27

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AP ECONOMICS: September 27 --finish going over Worksheet 11.3 (HO from yesterday) --work on MCT #2 Practice Questions (HO)--#16 should be “B” (not “A”) Assignment --study for FRQ #3 and FRQ #4 -#3: what counts and what doesn’t count in GDP (must use the proper “doesn’t count” terminology) -#4: labor force calculation; unemployment rate calculation; employed, unemployed or not in the labor force?; type of unemployment if unemployed; calculating the NRU and cyclical unemployment; unemployment-Real GDP relationship; depicting unemployment in PPC diagram --make sure you have watched all the Unit 2 GC videos (two new videos posted in GC—MCT practice questions) MCT #2 on Monday