Principles of Macroeconomics / Unit 18 MAC 1727 short lesson, about 20 seconds
The Vocabulary That Recurs
Captions available
The idea
A small set of words carries most of the exam: potential output, the natural rate, a gap, a shift, the multiplier, a leakage, crowding out, appreciation and indexing.
In practice
Every one names a quantity or a direction, never a judgement.
Where people slip
If a term seems to carry approval or blame, that is imported, not defined.
Your place on the trail
Every lesson rests on earlier ones and opens later ones. Tap any to jump.
Unlocks
- Nothing yet depends on this.
Something wrong in this lesson? Flag it · Sources for Principles of Macroeconomics