1. AP ECONOMICS: October 9
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; (2) graph changes in AS and on an appropriately labeled AS graph; and (3) explain the concept of “sticky” wages Module 18 (Aggregate Supply) Notes (HO) --SRAS basics --the SRAS curve shifters
--Worksheet 18B (HO) group assignment
NOTE on graphs—let’s clean them up this time!
Assignment
Read Module 19; GC video