AP ECON 1-3
AP ECON FORMULAS
AP ECON 4-6
AP GOV VOCAB
AP GOV VOCAB
100
The unlimited wants but limited resources of individuals, businesses, and governments
What is Scarcity?
100
The unemployment rate formula.
What is #of unemployed/#labor force X 100?
100
The shifters of money supply.
What is reserve ratio, discount rate, and open market operations?
100
The first national constitution that supported state sovereignty.
What is the Articles of Confederation?
100

The state political party members people meet locally to endorse the party candidate prior to presidential primaries.

What is a caucus?

200

The one best option given up when you make a choice including money, and time.

What is Opportunity Cost?

200
The CPI formula.
What is price of market basket/price of market basket in base year X 100?
200
The shifters of Money Demand.
What is changes in price level, changes in income, and changes in taxation that affects personal investments?
200
The theories of democratic government in which interest groups compete in the political arena, with each policy preferences through organized efforts.
What is pluralist theory?
200
The interest group members and others outside the organization write letters, send telegrams, e-mails, faxes and make telephone calls to influence policymakers.
What is grassroots lobbying?
300
The GDP measured in current prices and does not account for inflation from year to year.
What is Nominal GDP?
300
The GDP deflator formula.
What is nominal GDP/real GDP X 100?
300
The people's demand for money to make everyday purchases and its not affected by the interest rate.
What is the transaction demand for money?
300
Ended states abilities to violate most of the bill of rights.

What is the 14th amendment's due process clause

300
The powers that may be reasonably suggested to carry out the expressed powers according to the U.S. Constitution.
What is implied powers?
400

The formula for natural rate of unemployment

What is Frictional + Structural?

400
The spending multiplier formula.
What is 1/MPS or 1/1-MPC?
400
This is when people demand money as a liquid asset because they prefer it over non-liquid assets like bonds.
What is the asset demand for money?
400
The act where opposing parties and interests often block each other's proposals, creating a political stalemate.
What is gridlock?
400
The alliances that develop between the bureaucratic agencies, interest groups, and congressional committees of Congress.
What is iron triangles?
500
The shifters of Aggregate Supply.
What is resource prices, actions of government(taxing, and regulations) and productivity?
500

The National Income Formula

Wages+Rents+Interest+Profit

500

Supply shifters of Foreign Exchange Market

What is real interest rate, price level, preference for goods, speculation, tariffs

500

The money that is spent by individuals and businesses without limits on political ideas and movements

What is a Super PAC?

500
The interested parties may also be invited to submit friends of the court briefs, supporting or rejecting arguments of the case.
What is amicus curiae?
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