1. AP ECONOMICS: February 7 (sub 6th and 7th)
Warm-up
Explain why it is imperative that lenders charge interest.
Learning Target In order to understand how to measure and evaluate economic performance, I will analyze the nuances of the inflation rate. I will know I have it when I can: (1) define inflation, nominal inflation, and real inflation; (2) calculate the inflation rate; and (3) identify those that are hurt and benefit from inflation.
Complete Worksheet 14.3 (HO)—can work in pairs; hold on to for discussion on Friday
From your textbook (last topics of the unit)
-Read about the Consumer Price Index (CPI) and Other Price Measures (pp )
-Calculating Real GDP and What Real GDP Doesn’t Measure (pp )
Assignment Make sure you have watched all the Unit 2 GC videos
FRQ #3 & #4 on Wednesday MCT #2 on Thursday