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Unit: Long-run consequences of stabilization policies

AP Macro:
MEA (BI)
,
MEA‑2 (EU)
,
MOD (BI)
,
MOD‑1 (EU)
,
MOD‑3 (EU)
,
POL (BI)
,
POL‑1 (EU)
,
POL‑3 (EU)
,
POL‑4 (EU)

0

Possible mastery points

Fiscal and Monetary Policy Actions in the Short Run

AP Macro:
POL (BI)
,
POL‑1 (EU)
,
POL‑1.F (LO)
,
POL‑1.F.1 (EK)
,
POL‑1.F.2 (EK)
Learn
Fiscal and monetary policy in parallel
(Opens a modal)
Lesson summary: Fiscal and monetary policy actions in the short run
(Opens a modal)
Practice
Fiscal and monetary policy actions in the short runGet 3 of 4 questions to level up!

The Phillips curve

AP Macro:
MOD (BI)
,
MOD‑3 (EU)
,
MOD‑3.A (LO)
,
MOD‑3.A.1 (EK)
,
MOD‑3.A.2 (EK)
,
MOD‑3.A.3 (EK)
,
MOD‑3.A.4 (EK)
,
MOD‑3.A.5 (EK)
,
MOD‑3.B (LO)
,
MOD‑3.B.1 (EK)
,
MOD‑3.B.2 (EK)
,
MOD‑3.B.3 (EK)
Learn
Phillips curve
(Opens a modal)
Changes in the AD-AS model and the Phillips curve
(Opens a modal)
Lesson summary: the Phillips curve
(Opens a modal)
Practice
The Phillips curve: foundational conceptsGet 3 of 4 questions to level up!
The Phillips curve: linking changes in the AD-AS model to the Phillips curveGet 3 of 4 questions to level up!

Money growth and inflation

AP Macro:
POL (BI)
,
POL‑3 (EU)
,
POL‑3.A (LO)
,
POL‑3.A.1 (EK)
,
POL‑3.A.2 (EK)
,
POL‑3.A.3 (EK)
Learn
Quantity theory of money
(Opens a modal)
Lesson summary: money growth and inflation
(Opens a modal)
Practice
Money growth and inflationGet 3 of 4 questions to level up!

Quiz

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Crowding out

AP Macro:
POL (BI)
,
POL‑3 (EU)
,
POL‑3.C (LO)
,
POL‑3.C.1 (EK)
,
POL‑3.C.2 (EK)
,
POL‑3.C.3 (EK)
,
POL‑3.C.4 (EK)
Learn
Crowding out
(Opens a modal)
Lesson summary: crowding out
(Opens a modal)
Practice
Crowding outGet 3 of 4 questions to level up!

Deficits and debts

AP Macro:
POL (BI)
,
POL‑3 (EU)
,
POL‑3.B (LO)
,
POL‑3.B.1 (EK)
,
POL‑3.B.2 (EK)
,
POL‑3.B.3 (EK)
Learn
Deficits and debt
(Opens a modal)
Lesson summary: Deficits and debts
(Opens a modal)
Practice
Deficits and debtsGet 3 of 4 questions to level up!

Economic growth

AP Macro:
MEA (BI)
,
MEA‑2 (EU)
,
MEA‑2.B (LO)
,
MEA‑2.B.1 (EK)
,
MEA‑2.B.2 (EK)
,
MEA‑2.B.3 (EK)
,
MEA‑2.B.4 (EK)
,
MEA‑2.B.5 (EK)
,
MOD (BI)
,
MOD‑1 (EU)
,
MOD‑1.C (LO)
,
MOD‑1.C.1 (EK)
,
POL (BI)
,
POL‑4 (EU)
,
POL‑4.A (LO)
,
POL‑4.A.1 (EK)
,
POL‑4.A.2 (EK)
,
POL‑4.A.3 (EK)
Learn
Economic growth through investment
(Opens a modal)
Understanding economic growth
(Opens a modal)
The aggregate production function and growth
(Opens a modal)
Changes in the aggregate production function
(Opens a modal)
Lesson summary: Economic growth
(Opens a modal)
Practice
Economic growthGet 3 of 4 questions to level up!

Public policy and economic growth

Learn
Return on capital
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Lesson summary: Public policy and economic growth
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Practice
Public policy and economic growthGet 3 of 4 questions to level up!
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Unit test

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About this unit

In this unit, you'll build on your understanding of the effects of fiscal and monetary policy actions and to examine the concept of long-run economic growth. Topics include short-run and long-run Phillips curves, the quantity theory of money, and crowding out.
AP® is a registered trademark of the College Board, which has not reviewed this resource.