1. AP ECONOMICS: March 8 --FRQ #4 (short) over multipliers
Reminders --the spending multiplier applies to ALL changes in spending (not just G, but C, Ig, and Xn as well) --when output (Real GDP) changes so does income (“Y” represents national income on the x-axis in the AD-AS model)
--FRQ #4 (short) over multipliers
--FRQ #5 (long—so counts 2 grades) over AD-AS, fiscal policy, etc. (study Key Concepts—HO from earlier) -part A requires a graph and you show your change from part B on your graph from part A
-part E requires a graph and you show your change from part G on your graph from part E MCT #2 (Part 2) (TOMORROW)
Notebook Turn In (TOMORROW)
--arrange notebooks (per HO from earlier)
--sections must be properly numbered (W=warmups; N=Notes) Video Reviews
--watch videos at Mr. Clifford’s web site (AC-DC Economics)
Practice Questions
--work and study MCT #2 Practice Questions (HO from earlier)