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AP: Misc Concepts
The Phillips Curve
Unemployment and Natural Rate of Unemployment (2.4)
The Business Cycle
Review Philips Curve (3.4)
Understanding CPI (2.5)
Perfect Competition
Law of Diminishing Marginal Returns (3.1)
Comparative Advantage (1.5)
Comparative Advantage & Trade
Elasticity of Demand & Total Revenue
Inflation, Cost Push, Demand Pull
MPC
Multiplier equals 1 divided by 1-mpc
Calculating the Multiplier
Minimum Wage
Fiscal Policy
(Discretionary v nondiscretionary) (3.7)
Key Graphs to Know (5.6)
Graphing Practice (3.5)
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