Shifters for AP Macro

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Last updated 1:57 PM on 5/10/24
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9 Terms

1
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AD

Consumption, investment, monetary, fiscal policy, net exports

2
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SRAS

Invisible hand, input cost, supply shocks

3
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LRAS

Land, labor, capital, technology, possibly foreign trade

4
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Money Market

Real GDP, price level, buying and selling government bonds (OMO)

5
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Loanable Funds

Incentive to save or invest, deficit spending, budget surplus, monetary policy

6
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SRPC

SRAS (Invisible hand, money supply, supply shocks)

7
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LRPC

Employment, land, labor, capital, technology, possibly foreign trade

8
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Foreign exchange

Interest rate, recession or inflation, one country invests in other

9
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PPC

  • Change in the quantity or quality of resources.

  • Change in technology.

  • Trade.