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Economics

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AP econ scoring guide

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AP? Macroeconomics 2004 Scoring Guidelines Form B The College Board is a not-for-profit membership association whose mission is to connect students to college success and opportunity. Founded in 1900, the association is composed of more than 4,500 schools, colleges, universities, and other educational organizations. Each year, the College Board serves over three million students and their parents, 23,000 high schools, and 3,500 colleges through major programs and services in college admissions, guidance, assessment, financial aid, enrollment, and teaching and learning. Among its best-known programs are the SAT?, the PSAT/NMSQT?, and the Advanced Placement Program? (AP?). The College Board is committed to the principles of

Cliff Notes

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Course Notes rule!
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AP microeconomics PPF explanation

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A Reduced Explanation of How We Might Construct a PPF ??This is to give us a better idea about how one could form a PPF in a classroom or experimental setting. This does not mean that the examples used could not or are not good examples or illustrations of a production possibilities curve, but most of the examples used to illustrate the concept are purely theoretical. So, this is a basic example of how we could construct such a curve and illustrate the same concepts of increasing OC, heterogeneous/specialization of resources, and trade offs while going from production of one good to the next (marginal rate of transformation).

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Chapter 5 Notes for Macroeconomics

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Chapter 5 notes

Government Purchases Is all spending on the goods and services purchases by government at the federal, state, and local levels. G Excludes on Transfer Payments, such as medical, social security, unemployment, and compensation. Because: No goods or service is being received in exchange for payment Net Exports (NX) NX= Exports-Imports-X-M Exports represent: Goods produced domestically, & consumed by foreign citizens. Imports are the portions of C, U, and g that are spent on g&s produced abroad but consumed domestically. Measuring A Nations Income Y = C + I + G + NX
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ouhiuh

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Works Cited "ByteNoise." What Dan Brown Does Right. Web. 08 May 2012. . "Dan Brown: How Does He Do It?" The Creative Penn. Web. 08 May 2012. . "Dan Brown's "The Lost Symbol"--Book Review." HubPages. Web. 08 May 2012. . "Dan Brown's Writing." - Thoughts and Photos from an American Living in Spain. Web. 08 May 2012. .

Econ Vocab

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Brian Tessler AP Economics Teacher August 30, 2012 Words to Know: Supply: Supply is the amount of a good or service available at any particular price. The actual amount supplied will be determined, ultimately, by what the market price is, which depends on the amount demanded as well as what suppliers are willing to produce. Demand: Demand is the amount of a good or service that people are both willing and able to buy. With all other factors held constant, the price of a good or service increases as its demand increases and vice versa.?

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