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All Key Terms
AP Macroeconomics
Unit 3
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AP Macroeconomics Unit 3 Vocabulary
110 essential vocabulary terms and definitions for Unit 3 – National Income and Price Determination
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Unit 3 – National Income and Price Determination
Topics
3.1 Aggregate Demand
3.2 Spending and Tax Multipliers
3.3 Short-Run Aggregate Supply (SRAS)
3.4 Long-Run Aggregate Supply (LRAS)
3.5 Equilibrium in Aggregate Demand-Aggregate Supply (AD-AS) Model
3.6 Changes in the AD-AS Model in the Short Run
3.7 Long-Run Self-Adjustment
3.8 Fiscal Policy
3.9 Automatic Stabilizers
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