1. AP ECONOMICS: April 13
Warm-up On two separate loanable funds market graphs, show: (1) a change in SLF and an explanation why SLF may change; and (2) a change in DLF and an explanation why DLF may change.
AP Economics Learning Target
In order to gain an understanding of the inflation-unemployment tradeoff, I will learn about the Phillips Curve (PC). I will know I have it when I can: (1) draw an appropriately labeled Phillips Model; and (2) relate changes in the short-run Phillips Curve (SRPC) to changes in aggregate demand in the LRAS-AS-AD Model.
--background & graph of PC
--relating SRPC to AD
Assignment
--study for loanable funds quiz (quiz is NEXT CLASS) --read Module 34
--watch videos at Mr. Clifford’s web site (AC-DC Economics)