AP MICROECONOMICS UNIT #1

TEST PRACTICE: will work on in class the day before the test. Sample Multiple Choice. Sample Free Response. TESTS Unit Test #1 with multiple choice and FRQs VOCABULARY (be familiar with) Economics. Microeconomics. Macroeconomics. Positive statement. Normative statement. Scarcity. Trade-offs. Opportunity cost. Incentives. Traditional economy ................
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