AP Macroeconomics Flashcards: The Aggregate Demand Aggregate Supply Model

Study The Aggregate Demand Aggregate Supply Model in AP Macroeconomics with focused flashcards that help you recognize the idea, recall the key rule, and apply it in practice-style prompts.

QUESTION

What is the impact of an increase in productivity on the AS curve?

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ANSWER

AS curve shifts rightward. Higher productivity reduces per-unit production costs.

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AP Macroeconomics: National Income and Price Determination

Aggregate Demand37 cards

Automatic Stabilizers36 cards

Changes in the AD-AS Model39 cards

Fiscal Policy36 cards

Long-Run Aggregate Supply (LRAS)39 cards

Long-Run Self-Adjustment38 cards

Multipliers39 cards

Short-Run Aggregate Supply (SRAS)38 cards

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What this deck covers

This deck focuses on The Aggregate Demand Aggregate Supply Model, giving you a quick way to review the definitions, rules, and examples that matter most for AP Macroeconomics.

How to use these flashcards

Work through these flashcards in short sessions. Try to answer each prompt before flipping the card, then revisit any cards you miss until the explanation feels automatic.

Practice questions

1 of 20Practice questions for this set

Based on the AD–AS model shown, the economy moves from

E_1

E_2

after the central bank purchases government securities, increasing the money supply and shifting aggregate demand from

AD_1

AD_2

in the short run. Which statement is correct?

Choose an answer

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