Economics Micro & Macro
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Economics Micro & Macro

Author: Ronald Pirayoff

Description

A complete test-prep guide to help students get their best score on the Advanced Placement Economics exams.Each year, high school students take Advanced Placement Macroeconomics and Microeconomics examinations to earn college credit in those fields. This guide provides full test-prep coverage of both tests within one book, including four full-length practice tests–two for each exam. Subject reviews cover the material necessary for test-takers to demonstrate their understanding of economics at either the micro or macro level.

 

Keywords

average total cost curve aggregate demand curve shifts perfectly competitive firm monopolistically competitive firm walnut industry spending multiplier peach industry aggregate supply curve loanable funds market contractionary fiscal policy price level rises unitary elastic production possibilities curve discretionary fiscal policy aggregate demand increases selling government bonds average variable cost spillover costs average fixed cost monopolistic firm profit maximizing price lower opportunity cost price floor checkable deposits expenditures approach

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