AP ECONOMICS: February 21

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Presentation transcript:

AP ECONOMICS: February 21 Warm-up Why do businesses tend to want to buy more capital when interest rates are lower on loans and savings? A.P. Economics Learning Target In order to understand how equilibrium national output and price level are determined, I will analyze the nature of the aggregate supply (AS) curve. I will know I have it when I can: (1) explain why the AS curve shifts; and (2) graph changes in AS and on an appropriately labeled AS graph. Module 18 (Aggregate Supply) Notes (HO) --SRAS basics --the SRAS curve shifters --Worksheet 18B (HO) group assignment (TURN IN) Assignment GC Assignment #15 (Module 19)