Macro Unit 3 Summary- Aggregate Demand/Supply and Fiscal Policy

Macro Unit 3 Summary- Aggregate Demand/Supply and Fiscal Policy

Assessment

Interactive Video

Business

11th Grade - University

Hard

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This video provides an overview of macroeconomics, focusing on aggregate demand and supply, the Phillips curve, and fiscal policy. It explains GDP components, the short and long-run aggregate supply curves, and the inverse relationship between inflation and unemployment. The video also covers fiscal policy basics, including spending and taxes, and offers tips for AP economics exam preparation.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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