Appreciation. An increase in the value of one currency relative to another, resulting from an increase in demand for or a decrease in the supply of the currency on the foreign exchange market. In the graph, the YEN is appreciating compared to the dollar. It takes more dollars to buy one unit of YEN. Create charts and graphs online with Excel, CSV, or SQL data. Make bar charts, histograms, box plots, scatter plots, line graphs, dot plots, and more. Free to get started! When a currency's exchange rate is determined by the free interaction of supply and demand in international forex markets. FOREX Markets (Foreign Exchange Market) The market in which international buyers and sellers exchange foreign currencies for one another to buy and sell goods, services, and assets from various countries. AP Microeconomics. 1 Basic economic concepts; 2 Supply and demand; 3 Production, costs, and the perfect competition model; 4 Imperfect competition; 5 Factor markets; 6 Market failure and the role of government; AP Macroeconomics. 1 Basic economic concepts, supply and demand; 2 Economic indicators and the business cycle; 3 National income and AP MicroEconomics. AP Micro Syllabus. AP Micro Unit 1: Basic Economic Concepts. AP Micro Unit 2: Supply, Demand, and Consumer Choice. AP Micro Unit 4 - Imperfect
**AP Macro content on the AP exam will be everything except Unit 6, which is International Trade and Finance (FOREX). That corresponds to CH 35.** We have yet to cover this content in class. **The exam may include comparative advantage as that is part of the basic concepts in Unit 1** The Duffka School of Economics is a site designed by Peter Duffer. Mr. Duffer teaches AP Economics at Buffalo Grove High School in Illinois.
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