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💵Principles of Macroeconomics
Key Terms

1058 essential vocabulary terms and definitions to know for your Principles of Macroeconomics exam

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A

Absolute Advantage
Absolute Convergence
Absolute Purchasing Power Parity (Absolute PPP)
Active Labor Market Policies
Actual Output
AD Curve
AD-AS Model
AD/AS Model
Adam Smith
Adaptive Expectations
Adjustable Peg
Aggregate Demand
Aggregate Demand Equation
Aggregate Expenditure
Aggregate Production Function
Aggregate Supply
Alan Greenspan
Allocative Efficiency
Allocative Inefficiency
Ample Reserve Environment
Animal Spirits
Anti-Dumping Measures
Appreciation
Apprenticeships
Arbitrage
ASEAN
Asset Bubble
Asset Bubbles
Asymmetric Economic Shocks
Austerity
Austerity Measures
Automatic Stabilizers
Automation
Autonomous Spending
Average Costs

B

Balance of Payments
Balance of Trade
Balance Sheet
Balanced Budget
Balanced Budgets
Balanced Trade
Bank Balance Sheets
Bank Failures
Bank for International Settlements
Bank Regulation
Bank Resolution
Bank Run
Bank Runs
Barter
Base Period
Base Year
Basel Accords
Basket of Goods
Basket Peg
Ben Bernanke
Bid-Ask Spread
Big Mac Index
Bilateral Monopoly
Black Markets
Board of Governors
Bond Yields
Bonds
Borrowers
Brain Drain
Breakeven Inflation Rate
Bretton Woods System
Broad Money
Budget Balance
Budget Constraint
Budget Constraints
Budget Cycle
Budget Deficit
Budget Deficit-to-GDP Ratio
Budget Deficits
Budget Line