Slide 1FINAL REVIEW AP MACROECONOMICS Slide 2 Unit One: Intro to Economics Graphs: PPC, Circular Flow Big Concepts: Comparative and Absolute Advantage, Circular Flow of Economic…
PowerPoint Presentation The Consumer Price Index The Consumer Price Index, CPI, is a basket of goods and services purchased by the typical urban consumer. The CPI measures…
Slide 1 SSEMA 1, 2.3 Slide 2 What is Macroeconomics? The study of the performance of our economy as a whole Slide 3 Key Economic Indicators This information gives an idea…
NOMINAL GDP v. REAL GDP DEFINITIONS Nominal GDP is the market value of all final goods and services produced in a given year. It is calculated as (Price X Quantity = Nominal…