Econowaugh AP

The AD/AS sections of the test are crucial fro understanding the rest of the Macro section. There are other parts of the AD/AS section,  (Cl...

GDP Cheat Sheet Again,, see something wrong?? Email wcwaugh@aol.com

Be smart, study the sections and understand the question. Do not try and memorize the question.  1995 Answer (B) 7% Answer (C) Cl...

Tentative cheat sheet,,, I will be changing/adding some clarification in the next week. But here is the older cheat sheet. Helpful, I think,...

I wanted to match the AD/AS curves (that you have to know) and the Phillips curve. (that you also have to know) As the AP exam gives us a ...

Aggregate Demand Aggregate D&S is heavily tested on the AP. Know it all. Aggregate Demand  -  refers to the total spending on domesti...

Aggregate Supply (AS):  is defined as the planned level of output that domestic firms are willing to offer at different average price level...