Ap Macro!!!

Test Preparation AP Test Preparation
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<p>Anyone here studying for it? It seems everyone's here for just micro or for BOTH. Gah i'm just taking macro....</p>

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<p>Same here just macro.</p>

<p>I don't know anything.</p>

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<p>awww that sux. :) do you need any specific help? haha specific, specify, just realized that. do you know the exact definition of stagflation by any chance? i'm lookin thru all my notes and can't find it.</p>

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<p>^^Isn't stagflation=stagnation and inflation. It means high inflation and high unemployed rates. I think. I learned that this year in history..Reagan's presidency.</p>

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<p>Stagflation is when supply decreases and price increases as a result. Something everyone wants to avoid.</p>

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<p>stagflation is when there is inflation and a rise in unemployment at the same time. It happens when you shift aggregate supply to the left. You don't use Phillips curve for stagflation- only for when you change demand</p>

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<p>whats the difference between the capital and current accounts</p>

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<p>woo thanks you guys! capital - business investment and stuff, current - goods and stuff. i think. lemme check it over real quick.</p>

9

<p>yeah that's right</p>

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<p>and in the current account, exports are seen as a positive and imports as a negative.</p>

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<p>this website is really good for review: <a href="http://www.reffonomics.com/1.html%5B/url%5D"&gt;http://www.reffonomics.com/1.html&lt;/a&gt;&lt;/p>

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<p>Does someone want to make a chatroom?</p>

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<p>Current - capital = 0</p>

<p>It's time like these that I wish I had AIM instead of trillian, but now I'm just too lazy to install AIM and get into the chatrooms. Maybe next year's APs.</p>

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<p>that is a pretty good one. <a href="http://www.mhhe.com/economics/mcconnell15e/student/olc/chap16graphs.mhtml%5B/url%5D"&gt;http://www.mhhe.com/economics/mcconnell15e/student/olc/chap16graphs.mhtml&lt;/a> i liked this one too. it's PERFECT for graph help.</p>

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<p>ooh interactive graphs :)</p>

<p>is the income approach for finding GDP on the AP test?</p>

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<p>ill make one: apecon07</p>

<p>Micro kids are also invited! :)</p>

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<p>ARG i dont have AIM. :(</p>

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<p>The short-run Phillips Curve shifts to the right during a period of stagflation- oops</p>