例如在Unit 5: International Trade,Balance of Payments里涉及到两个Account:Current Account和Financial Account。 它们分别的定义是: Current Account:Measure the international trade in goods and services, investment income, and net transfer payments. Financial Account:Measure the international trade of financial...
Step 5: Compute the Inflation Rate 计算通货膨胀率 Producer Price Index(PPI)(不在AP考纲里面,仅仅提及一下,可自行了解) GDP Deflator GDP平减指数 a measure of the price level calculated as the ratio of nominal GDP to real GDP times 100 图4: GDP deflator Equation (nominal GDP & real GDP will...
business cycle是在经济增长过程中的波动fluctuations,分为四个阶段,以trough为起点的话,顺序为trough,expansion,peak,recession;注意判断经济体所处状态要通过产出output和失业率unemployment rate判断,不能用price level判断经济体状态。 Unit 3 National Income and Price Determination 1.AD曲线 AD曲线的形状要通过price...
19.Ifthecurrentpriceis0B,wewouldexpect .asurplusinthemarkettobeeliminatedbyrisingprices. A.ashortageinthemarkettobeeliminatedbyfallingprices. B.asurplusinthemarkettobeeliminatedbyfallingprices. C.quantitydemandedtobeequaltoquantitysuppliedasthe marketisinequilibrium. ...
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19.If the current price is 0B, we would expect A.a surplus in the market to be eliminated by rising prices. B.a shortage in the market to be eliminated by falling prices. C.a surplus in the market to be eliminated by falling prices. D.quantity demanded to be equal to quantity suppl...
(i) Current price level, labeled PL1 (ii) Current output, labeled Y1 (b) Now assume the euro zone, a major trading partner of the United States, enters into a recession. (i) What will be the effect on United States exports to the euro zone? Explain. (ii) On your graph in part ...
3.DWL 社会无谓损失的寻找方法三部曲:首先寻找Social optimal Q作为三角形的顶点,其次寻找Current/market Q作为三角形的底边,最后与S&D连成一个三角形。 Unit 6 消费者理论 1.牢记边际效用(Marginal Utility)递减规律& 总效用(Total Utility)和边际效用之间...
这道题来自去年的AP真题,但是主讲教师对于题目进行了一些调整:因为今年无法提交图像,所以题目中直接给出了几组不同的Y和PL的对应点,让学生进行回答判断(identify the current output and price level)。 类似的,因为也无法考察对于图像的改变,所以今年的题目更有可能问学生图像中某一条线变化的原因,比如: ...
1.Normal GDP measured in current prices. It doesn’t account for inflation from year to year. 2.Real GDP expresses in constant or unchanging. It adjusts for inflation. Real GDP per capital(person) : (real GDP divided by the t...