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National income and price determination
AP Macro: MOD (BI), MOD‑2 (EU), POL (BI), POL‑1 (EU)
AP Macro: MOD (BI), MOD‑2 (EU), MOD‑2.A (LO), MOD‑2.A.1 (EK), MOD‑2.A.2 (EK), MOD‑2.A.3 (EK)
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Aggregate DemandGet 3 of 4 questions to level up!
AP Macro: MOD (BI), MOD‑2 (EU), MOD‑2.B (LO), MOD‑2.B.1 (EK), MOD‑2.B.2 (EK), MOD‑2.B.3 (EK), MOD‑2.B.4 (EK), MOD‑2.B.5 (EK)
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Expenditure and Tax MultipliersGet 3 of 4 questions to level up!
AP Macro: MOD (BI), MOD‑2 (EU), MOD‑2.C (LO), MOD‑2.C.1 (EK), MOD‑2.C.2 (EK), MOD‑2.C.3 (EK), MOD‑2.D (LO), MOD‑2.D.1 (EK)
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Short-run aggregate supplyGet 3 of 4 questions to level up!
AP Macro: MOD (BI), MOD‑2 (EU), MOD‑2.E (LO), MOD‑2.E.1 (EK), MOD‑2.F (LO), MOD‑2.F.1 (EK), MOD‑2.F.2 (EK)
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Long-run aggregate supplyGet 3 of 4 questions to level up!
AP Macro: MOD (BI), MOD‑2 (EU), MOD‑2.G (LO), MOD‑2.G.1 (EK), MOD‑2.G.2 (EK), MOD‑2.G.3 (EK)
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Equilibrium in the AD-AS modelGet 3 of 4 questions to level up!
AP Macro: MOD (BI), MOD‑2 (EU), MOD‑2.H (LO), MOD‑2.H.1 (EK), MOD‑2.H.2 (EK), MOD‑2.H.3 (EK)
AP Macro: MOD (BI), MOD‑2 (EU), MOD‑2.I (LO), MOD‑2.I.1 (EK), MOD‑2.I.2 (EK)
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Long run self-adjustment in the AD-AS modelGet 3 of 4 questions to level up!
AP Macro: POL (BI), POL‑1 (EU), POL‑1.A (LO), POL‑1.A.1 (EK), POL‑1.A.2 (EK), POL‑1.A.3 (EK), POL‑1.A.4 (EK), POL‑1.A.5 (EK), POL‑1.A.6 (EK), POL‑1.A.7 (EK), POL‑1.B (LO), POL‑1.B.1 (EK)
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Fiscal policy: foundational conceptsGet 3 of 4 questions to level up!
Fiscal policyGet 3 of 4 questions to level up!
AP Macro: POL (BI), POL‑1 (EU), POL‑1.C (LO), POL‑1.C.1 (EK), POL‑1.C.2 (EK), POL‑1.C.3 (EK), POL‑1.C.4 (EK)
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Automatic stabilizersGet 3 of 4 questions to level up!
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About this unit
In this unit, you'll learn how the aggregate supply and aggregate demand model helps explain the determination of equilibrium national output and the general price level, as well as to analyze and evaluate the effects of fiscal policy. You'll also learn about the impact of economic fluctuations on the economy’s output and price level, both in the short run and in the long run.AP® is a registered trademark of the College Board, which has not reviewed this resource.