AP Macro test 1
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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show | labor, land, capital, entrepreneurship
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show | sacrifices, the real cost is what you have to give up
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macroeconomics | show 🗑
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show | individual parts of economy
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business cycle | show 🗑
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peak | show 🗑
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show | decline in total output, income, employment (6 months)
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show | bottom of recession period
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show | output and employment expanding
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show | rise in overall price level; food and gas not included
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deflation | show 🗑
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show | economy's total production of goods and services for given time periods
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economic growth | show 🗑
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comparative advantage | show 🗑
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show | producer #1 can make more than producer #2
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show | a schedule that shows how much of a product consumers are willing/able to buy at a series of possible prices
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show | higher the price, less demand; lower the price, higher demand
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MERIT | show 🗑
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Substitute | show 🗑
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show | products which are bought and used together
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show | positive
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show | inverse
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show | show amount a producer is willing/able to produce
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law of supply | show 🗑
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only thing that moves for supply and demand is what? | show 🗑
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TRICE | show 🗑
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show | where quantity supply and demand cross; stable
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show | more
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show | less
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calculate opportunity cost for PPC graph | show 🗑
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calculate opportunity cost for comparative advantage | show 🗑
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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