AP Macro – 3/09/2020

I. Belwork

Page 363 – Free Response Question

II. Objectives:

  • Interpret and construct economic models to demonstrate the impact of monetary policy on interest rates and price levels in the short and long run
  • Use the Phillips curve to show the nature of the short-run trade-off between inflation and unemployment
  • Construct, analyze and interpret graphs demonstrating expansionary and contractionary monetary policy and the short and long rum impact on Prices, Inflation, and GDP

III. Classwork

IV. Exam Tomorrow

Review AP Classroom Questions for Exam Module 30-34

Possible FRQs – Phillips Curve, Money Supply Graph, LRAS,SRAS & AD

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