AP Macroeconomics Formulas & Graphs Flashcards
Terms : Hide Images [1]
| 9698610153 | Spending Multiplier | 1/ MPS | 0 | |
| 9698610154 | Tax Multiplier | -MPC/ MPS | 1 | |
| 9698610155 | Money Multiplier | 1/ RRR | 2 | |
| 9698610156 | Real Interest Rate | Nominal Interest Rate - Inflation Rate | 3 | |
| 9698610157 | Opportunity Cost (Output Method) | Alternate Item Produced/ Item Produced | 4 | |
| 9698610158 | GDP (Expenditure Approach) | C + I + G + NX (consumption + investment + government spending + net exports) | 5 | |
| 9698610159 | GDP (Income Approach) | W + I + R + P (wages + interest payments + rent + profits) | 6 | |
| 9698610160 | GDP Growth Rate | GDP Year 2 - GDP Year 1/ GDP Year 1 x100 | 7 | |
| 9698610161 | Inflation Rate | CPI Year 2 - CPI Year 1/ CPI Year 1 x 100 | 8 | |
| 9698610162 | Unemployment Rate | # of unemployed/ # in labor force x 100 | 9 | |
| 9698610163 | Consumer Price Index | Current year basket price/ base year basket price x 100 | 10 | |
| 9698610164 | GDP Deflator | Current year basket price/ base year basket price x 100 | 11 | |
| 9698610165 | Labor Force | Employed + Unemployed | 12 | |
| 9698610166 | Labor Force Participation Rate | Labor force/ population x 100 | 13 | |
| 9698610167 | Marginal Propensity to Consume | ∆ Consumption/ ∆ Income | 14 | |
| 9698610168 | Marginal Propensity to Save | ∆ Savings/ ∆ Income | 15 | |
| 9698610169 | Real GDP | Nominal GDP/ GDP Deflator x 100 | 16 | |
| 9698610170 | Quantity Theory of Money | MV = PQ | 17 | |
| 9698610171 | MPC + MPS = | 1 | 18 | |
| 9698610172 | AD/ AS Recessionary Gap |  | 19 | |
| 9698610173 | Money Market Graph |  | 20 | |
| 9698610174 | Production Possibilities Curve |  | 21 | |
| 9698610175 | Short Run Phillips Curve |  | 22 | |
| 9698610176 | Loanable Funds Graph |  | 23 | |
| 9698610177 | AD/ AS Model Full Employment |  | 24 | |
| 9698610178 | AD/ AS Inflationary Gap |  | 25 | |
| 9698610179 | Business Cycle |  | 26 | |
| 9698610180 | Foreign Exchange Graph |  | 27 |