Seven interactive study labs, one for each topic in the unit. Each lab has graphs you can move, a running explanation of what changed and why, a reference table, FRQ graphing tips, and eight practice questions.
Combine fiscal and monetary policy on linked AD–AS and money market graphs. See when the result is clear and when it depends on size.
Open lab → Topic 5.2Watch the AD–AS graph and the Phillips curve move together, then let expectations adjust in the long run.
Open lab → Topic 5.3Use MV = PY to connect money growth to inflation, and see why money is neutral in the long run.
Open lab → Topic 5.4Run a 10-year budget and watch yearly deficits pile up into debt. Flow versus stock, made visible.
Open lab → Topic 5.5Government borrowing in the loanable funds market, higher real interest rates, and less private investment.
Open lab → Topic 5.6Shift the PPC and LRAS with capital, skills, and technology. Try the Rule of 70 and see how growth compounds.
Open lab → Topic 5.7Test policies on a workbench and compare their short-run demand effects with their long-run growth effects.
Open lab →Every key term in AP Macroeconomics, with search, flashcards, and a self-quiz. Start with the master guide to search the whole course, or open one unit at a time.
Units 3 and 4 asked what fiscal and monetary policy do right away. Unit 5 asks what happens after the economy adjusts. For almost every question in this unit, answer two things: the short-run effect, and the long-run effect once wages and expectations catch up.