1. AP ECONOMICS: April 23 ALL MAKEUP WORK MUST BE COMPLETED
Warm-up: When does the LRAS curve shift? When does the LRPC shift?
Learning Target: In order to understand how an open economy interacts with the rest of the world, I will understand how a country’s transactions are recorded in balance of payments accounts. I will know I have it when I can determine: (1) when a country’s balance of trade yields a surplus or deficit; and (2) what is recorded in a country’s current vs. financial accounts. --Balance of Payments Notes (HO) -inflows and outflows; current account; financial account -Worksheet 41.1 (HO) TURN IN
Assignment --Make sure Unit 5 GC Assignments are completed
--Study for AP Exams
ALL MAKEUP WORK MUST BE COMPLETED
BY THE END OF THE DAY TOMORROW
FRQs #8 & #9 are Tue., April 30th
Short FRQ—Phillips Curve Long FRQ—AD-AS, Money Market (monetary & fiscal policy), Forex Market, Loanable Funds Market MCT #5 is Wed., May 1st