Scholastic Whimsy: AP Macroeconomics Review #10B-2: Major Graphs, Vocabulary, and Formulas- Vocabulary
You can see the 1st on here.
- Ceteris Paribus: “other things being equal;” used as a reminder that all variables other than the ones being studied are assumed to be constant
- Change in Demand: change in the quantity demanded of a good or service at all prices; a shift of the demand curve to…
Scholastic Whimsy: AP Macroeconomics Review #10B-3: Major Graphs, Vocabulary, and Formulas - Vocabulary
You can see the last one here.
- Deflation: decrease in the average price level of a nation’s output over time
- Demand Deposit: deposit in a commercial ank against which checks may be written; “checkable deposit”
- Demand-Pull Inflation: results from an increase in AD without a concurrent…
Scholastic Whimsy: AP Macroeconomics Review #10B-4: Major Graphs, Vocabulary, and Formulas - Vocabulary
You can see my last one here!
- Federal Funds Rate (FFR): interest rate banks charge one nighhter on overnight loans made out of their excess reserves; FFR is the interest rate targeted by the Fed through monetary policy
- Foreign Exchange Market: in which international buyers and sellers…
(Source: elliptical)
