Key Terms
Match each of the terms on the left with its definition on the right. Click on the term first and then click on the matching definition. As you match them correctly they will move to the bottom of the activity.
Question
KD94TIvCax+6s0eTcNkRt5BW4/jx/YmDKPNs3NkfDimvbA93l+KiWlZxck00tAiJdL6ja9QrPfluPgx3OjxwpnYEhdEojJSMiQt+mxrhhfzPS0S6GlhSq+IPX8z/SWB6nD1PRECIPbQPNyC8NAbZ+5vHXrGCuaiVPkBCTFk7sJ5DTwhlK9JQUKEg6s1KGd0Kf3lt4IblNkiuUHAxCoYaEs4WFa375Cy63OBevNtEdvn94Z6o7wNJ+Ga636sDPMHhKoVmaBTlXlQps1FRAmMgwtmVz+7nmGOiTqBy8ReYcilC/m+6QhM3J6syheh4UpqHqXhs2Q8PoyVh5paK3AA8mKTNh3IWEzMyxn2mmntNTVY0gnqAcso61fe3WENWD3Y9bA156ExSjWGXuM+HRHjROLVOtuDg2nWNEcT2+xfBt7CEar7DF/g6gae1M2J3TRCSsEI1HXXDzOBfyjYOR2EmWxhQyphMHkwlDc0qf1P+FWsmDyqyOF0YfAv8LbB0bMSZtbCJM18jGeTDehci9YQsRrSEI75ZvWGjx096mETDZpvAr2ue9WsGwkwnBVoIhhThrFyUSVADtclhqpZVBLDe3Y4daQCoM1HYUBYaHnxaqau2W12UYj7FCvebbGKQTZC21VJweT3KJigY9/pRai/5VoHaUfS01cgtiO2eXZz/F914iaRF5hcC+6j7cORWedAQOuscwPSRn8+2z6B8sT9i5KJ10z97q3Co0HrIgVYHoenTSctoO7i23Oj77ZHCPkkS02ge+4/ZBQ2s0IUTCqmW6pm7lsQG+bARv6u/YPEp5+KMlydW1UlXBSnARnXzdhKhWwZFH3DQKyEA+c4ERglzINlATzSph/MoVGsWNIde06BXzDHXqCT6Y580CoBIxqFqWBMgjYsk7M1R1A+Zfc0e+R55hhkTaYASNoI3RMObXpQFowmA0IAQnek7JNvw9BeJ/C7Ay0d2rWLH+DtprJ4xtt6PTqPfxx1UdKwkM1gQy+jFo2dRfEkL/mxEIc9YZe8bUcEzGk4MT4L7PQ9EPNxYx0nMuwfJd0yM1Gm/WikLnZ7J1MAofA9GNuwOQeAJlFSr7eejtHc0OObfSRTepjPNmyPHMIAEfh3pyNqlgI2EjWTzSsMVIiSjK5aed/F1IFExOb14IDTi8KwpYk5wc2Xm9adiQWdc6e07EGY+e62ZTosb8DUin8Wv3TJGVf+E5KcO8dRw5f8OI3GT1rrZ5BmURGJduc+Ucj+a17maHKLB3o34YaCMyfSrvfF/qxsPqxWr2r2m/VSuG6CkxvlrEiwRph1Op4h6MOXkpUa1tnBFIiTi+Vroq2vjlaSmhLtseNHJVV2J3kM6MW8+YpymO2rX1faw3fD7RC6J5slWNfbMsSunHWp63brloeDcaA1CvJJ75ZiUnbeiaSYF1SlMpCuG/J5JZIbRoIs1B8z+wapvCnQ01kZs5Ygvn3f6WsglZ3g9lD30IXI94zWH6BR/xstJy29yecSaNajnMpOj/kOUgNbVzFaGJjyjzTO+dsqg11xn/KFOyWmuhz0DgCCzyaeeOK9j2DGzXF4C1tVIsMpoXIGAnsyRZ0ub9yvB0rtn/bKmycywUO0P7/ixLEAOoi89ZnsdpxAeHvUY6eb/ri+babimu0VYrKK4cjKZD21T4/mPOh+KaDl32b83SB+VjVSZfZN4tjLjbDQ78A8F25YfoloHHp+sCHrMVmZS+X6C2O34CZf/B8yf5XHPTVx1+l2o5tYB+yn91demWxCnB3iCs1QxvaoQNxDIwdkebTmOg/DabpMY+p2WPbdpqbBs6oDAHkEjzre6d0Gw8JQAnw1QzXqcxtXgKMCU5FisxiPqfKpltHUvrr9o1zCS6RwYtlL5UEFVmxtuEDbBQLB+QjrCeNb5NbDrjnLUt/eB4zuJ8lbydVE9mOQduQIMOfB05JGpZlwOhk59s3DmHnuuEU9hhSYymZ0Qyzm1AEXUKTKqOsF7mf9Wi7sXbGqDKyfool+FmUhTdaY3ivYo+2lANL10VVMNwOs5v5XlMx14gIdyKBAcoWXQVmBBvDfm60Lx7CFymy+qhTNkJtJhk67p2MkKUmVzPz6ArC/V9s1WDzPA7xr498jktG8+46fSRdIIYgYWuz6E0BwfyJnZtIDHLkS3Gx8VCL5B0lITI/jdL8H3q07BvmbOVJKkajLi0tCOWdvMygHHxT6pb1s+3csM7kScVcSJb2NrPag4FK75mqy0AtH+gF+1D228nXnlvskH7eiZf/HmCrJix22aCe/eMcMq5kxYum1LepNiD4KViGQpwt5AXlvmSRpQ7/o0hx7D2cx14J7ysmCZqgTPaOow7DAHAw9aLisfdmsBZoJrMRYyVxnBhgPgcRT3P8NPH/oIrhchY+arskPDpV5XT2X0j0RwkDktsMW7rA3y7mfcYzCI7LId3H9+/aXHlqvidaSkvu6ZUQrZxPg0v0RKxuRlmxK2d6Qw22+GU/1JWorukKMu1gtDfaf/7lorvLY3mz/bbiRcex3VLQ1RZQZZlnrErz91n3MDRB4rNlMvacjvN2LZezfpTps76u5ntgX5oeEGZWvmJMPq04jtZq01lo77hS0N8Ly/mfTtGkoAlbnpXbX79jIdt5Xf8bonMP1AqMKUc5bBW/4Giq38JGHAJiWPBOcfHQIOtYnwLnNWMwyLYK0VJnV+C6gXPu790nh4lnV/Z8giUxaENbz7WDEa79aO9wDN1RflH/Fl4tJfWTWrw1AMyuZi0xwD35tqRaGEp3ODFCX/Lu1J+5UjnMtvb0ac37BVFybyjnf8nH2UJ93KUo0K/KkQI3oHTM9c89HlNc6Tdm6iiUbVIJI9BOeJT4LRRmGFS4yuWz+7rEFUUUTXbUmfFpzxbkARmDAme4eDwRT+rCN1nftXia5FLuW7d8nEQI/BjzQgPWupVROQ8dnup5VAMdtlcWMtQuWN1vX1gAoYRuPGB3S0+k8SpceioO7voXNfH82SbV6Hp07gc3n1o3VZuGjiGxKo9fdFpHG3bUEI4CFgUJMwT5X0ztbCSrzSgW73dXZVn2WWyHlSqlJb/h/UvcgJL461734PneerQl/Sg+ZjtKiPCq1NRSWvZQGDSIGR1Jd5fPsZJJx8frm70fLcdNV9Cn9cF4atyggFrZf8XGSoeNs5BoF+Xk2X633Ur3nw450IeD+ImNS5vwnU2X4bvV3pl69FC6Oa2lZwdHDL1W5TTX0ojbRw9/lCpquXa8zIoHIFDLYx8FjiB2bJtnXoKvD6ie3zZud3/HDzCGIqMUJ7leAaa7EqV76Wxj//wWRDaMt+6x6xw0XYXoxwTCVPrQYAuTJh5dSHpHjOgPiMcQxfbABqdRrLVrGD3AkomuM0INpQKS2om4nMub/G5zVMeW2F+ryH3sJWBLMSDVaVo5x1Iw5Oywp4TWS8KdSYHcpQOWwGt+typQtS8gAV9kBBgiFiOgm3PJgqvockPGoHFmPD9Ld459n4ReapvQepXxSCGKz3aSTLO3CCc7PscO7Q1T3d87S5n3ZZaUuT/bKjaD3KVD37/fGpIU+xO7qXQFVbDs5lyeY8YxIYHcIvge9y9xm/jeSte28ofwtuJiiWLByskZKghww/yP+Y3YMb/KwfdV1avviqPoS53yc2G85hrmO52Rq/EJod68papoYH3WuTJ00r8CFrl95EzeN7YJ437sWNGkO6VWS0vqds+I/d6ee6uJcUHh2VNOXRKA/FEbfT8DIFO2hnvlp90ATpNZ1YClzPh6A/ziKNYmAxYbKNeVdWQdN6ohhu3lj4ylmBjYYBXZDLi+0NhNLdA/Vs4mCBADykibm+81tQAKq6u6j8yuwDK2bHeMSsT03bKDaRWJuc9frID9O3MMk3XzY9z81kcgIriy3CD15MZYy5kunyfTHq8+fV/gdOfNmKSKSCA/83Yxsutz6P31fgD0qkLy1n6dLinzchIA2gQ1OVHtJYD6saQR+6fAly/7KKWVDJROBX4RsplOnE+wNExaXGIgnG0nNkRhN4h0/0bGzhOEnsgIX9SZhrQsq8tjDU630PmPn3f1XYwQmKRR/npzymePQzgqzwKA6iOV3y2Z3YAwZb8Qnro1QdNYdXrGMGOi+jlC1aH0pVHLul5GHwB/eETI+jkAu5dbS88aMr58RvBzxb9UGPSV1378R4XxZl53EI2EPXpSB4XFJsYaDXrv17r9vqXPEhA6GPoNK6juDGWQ61Tb0+HLRnH6r5RwUnSMeiqBJsVxkHfiXdShI/LVjAVDhSdMmOX/OoWYm+7QLedmocoxeEpNmW7bQygvFCClXfNqJWTAv2szEdwgO8h3IwMAFz5LUCk9FAuOHCsR33AAnbQyRRZOC9+QnT3c8050mkMO5g38PMgIusNnyyaGx/b5vAp+Mx0yErT5z7QGSOoY5LXqCsDnysnW7ayD+BsA+ZDa5rapnoQMf7iMAxMUkyX43DBbVLNazNWeyzeyfrgok9M4LL17FDvAEHxM0815IKRjxpanazO9QyntvPVuLbjg7qVhVW7QWEcu90zv8WK2uL17PSKeOqTvPMiMjlfXatgDz5/uyQFT3y3e0s4eXAfAbICEb3ZBiglwrguByenVIRNWEBXC6wPBNKPkTz4/kOzObD2RD/X9KZUERHsMEhsTvnnObtq5eaNwwgkDqxbmaerJq6zZ3MWlNTX2BZPijrDlnvEnoyKMdOsfgieibWslNoWPrX+b9W+7Qgp4lW08qAlXKDa39ktVk0typTN8fKBMR/lIi7M9oimHSMAgsxWTblR3GczQyyUYACKqTxyKo8Pc+C5BwIVvwFk6CrPja6ZnVnc+NgMcXyKMRjtZCsxcZ4orrljnPvBgLHp6OuO0+CcDcFNsAqX18C91gIOzpcAi6sMVmcUOKC/uO/+6kH34VqLTm7IRsxUTESQi4Ct1K8t+3u5Y/jR1iy9yEfFOk1UlwDOs8K3s7ceP6P6pG2r97yTJXlQ7SEmzJtWlsesZA3jEfXI3zVN2FnG+sILQsxvU2lFuVkT5c2chRv1Fhi1+5m+6br8Nbug6I10a33YlqHZfvVQV4OV+7lqhMLZKcIHSK0o9LlDJF5aohCW+TciUM0myZcE0Kj3Bff8Tow/i6TAO6NreWmlQ4wvmL+yxpQgaWr+A2Uo24Sjp8JmIoTlUQd62Z2M1rBiGMfbqlK8l1zYd/I5MsSufANXQ4TKNST5h+69H/wsyx7AdpLvtGsPRKShpw2VZzjSqL02JYgXISFdK05aakcqo6Ml0PYxPAF4wN5RQp16XFgD385HzIj7pge1c3O8oDJy/QGzWIQujxDqudZXlcSLA5jne/ZKwZqjqZcekX3wY31tmAjGOGQMXMVf+Pxa6Bz4X8cBYZj5eVxIUo5uFGxHHyRhHzNSLQjN1QQqmSrFHL9dfNdW1Q+UcGRO3h7qxRj3N5dHOs2qSvRp6WPkDqvCDBb+tK42TRBcZBpecuy9pdauMToiopdpsJZT/xc87rWvgrCL19bQFCOF24j9dm268zoVpedjQTRt23oxa9hezRIwBlhX0JZnmldY5Gke+kPZZONKgQHBDSIqrxDO4AOJKPqrh+uRcxER2ybFfto6buSn8jxkyq6cStoY/qUT47jAt2OrKIWmEaRLS2+kU9pGelQgtFwPZDPx1UaAZ6Ygi969XWhNfm3NBeYV24u+zGaowHfvDGKq2fJMhZzIJVjqv2Wa0BBJTdImp06qtdiU9TaWMZ8gZX/8r5h1Xu5DmXav0D0LENBZbLL6MWJyXlG6YROF4E/5na2ixqzpTvrZTbblgr9ThxTIsGlQryobr5HYPC58eYNCnxt9qB6h0xyKL7NScevYBD5R3vFvgiyW2XNXtE8gpr/tXEZCrbXtxWlcmvru/NQc9elMtDcpelMYZypFOFNgqRGlGYxqHuw2+SvJc65tBL0ECtNck7hBqTjaX0emGb1BT81DjuLuxdEi2ed58XD/6OUTPrq2MBRUSAOYHnHll8HxTBxNUBh0KyVU/1sm8fZM29K4hU7mKSeBNOKt9bTin7DQF+wMindPfaYG5BTGHl4l053mOu5olnZAdDAF7xa6p6wDNv1AW5/D7Yb7vHxRE7GHVrlLfwBqIZUKel5F7iWZH8tCXPJR7iEDehjMU1V5YV9EK4+4dLHqJXG9SHOkEKi1i9+2V8gNd3LfRikOVSVfDEN5xv/GCxb28+fiafeefmPt2jrE9RPHAp4S4CuSUVsbSuHvw8DwHwIFv7omRxXaOFigaglzH2daDME/rfjrnDwahGKmcdf3lHXun0+l47VhqLixK7/3CthNGUE/HJIgrbbHUUJXuqtY4wCTQqHFxiimM3Fa4stVnfsEg+e+y/or7fgbGSyEAQ+Nwnw5c0B8QVlipQ8dbm/DGmdJ8T1MAurGmGjcBG7nawXLYyDbW3GLoteEDwiJtLMOa5YvZJw+kRusRtnjjGFwllJZJGCco+OwG0Ni1d7GZJPtBD7grnj6hbtdAUp2xK2xJmdbCQM5lFrtuTMzPMEGKebTv819BdOars1sFic3G7ZWtyB8C+qw8IPVGoFpcDiZEtCakgRPO6BoYv/fka7XQo6gxD9kyFi7oDnvCUHGzJQYJPe8Uq63gTLjZa1/FxfwAkOz2aAD0C3eB31/UAtXORgqvkkcf71xpjTtOSjeWTtLQub4zSyFslTmYYGI74n2o482CdwNMWlSPKBVcBM9d+rUZidqyS6TErDjwUGNCN8fP4va3iMZ2FrcWvIZKSOJcFW3fRYp3YN2FOYG1O0o+qvTpRFR/rIvtrsgaOi4T2gO2/FOhFI3O+4y6ZTQCkqIPwV7tg25vd77s4zgNC9WRUXqtmRhFkJa2x2CLu+uTgyqXrQgXih5aOvCB8NyJOeIbSJ1G6huGVFmuA5Q8nvBkzXVvCgC2dzZttuBQVljWcVn/oYXsfJAFwLbQYm2ClJfoF7rcUmUEv55LNJ+GVgD/UJogli9xSlFm9HGvMugS6X2LOVbgqQgFxW+TWwY6qD2BQqMcUzT3yMTc/QdS4YuF07L3Kz7/UV39V17q7utNOI3DzNS7h1dGk3Bz/SuJkJ1wLEm3Opck/Cp39+PqGVdLRpBSGpVL/WoUI3wmsZmeUOffn5amnh7RPi9NKeGYMmB5c2VWlmGyIBrS19/9GX+L7yBHsq6Q+phCJqlKSLwUrN5Kt7++7HgI7+eeUlEZZmq43fxiHDiOf7hwTrXFoFQIgcF5igB2ccAu98QfCREob4OdFpJgp39++AcCbIKpHJWI8J3/n+EBsDEbsvVbhYgTWW5b0FuQxPB37lyCgSKUkc4DSuD6EtQcPZ0cgWTfzoljq+7w8sWKmcxtSNCm7HkrEj5QBwUCfk2CY7oMg7iRpIf91mY6eKetl+998zpnFICAG9CYOBFZAs831SjI7KXwZ71KkwRyEdXOuzC9xcnRg2HkXGfdxn3oXBl4AF9pxDBsS1zM+LOG13jKoJabmqnAhJuKnu2QiHzEM5TXF7yayYFe8=
Aggregate demand curve, p. 412
Wealth effect of a change in the aggregate price level, p. 413
Interest rate effect of a change in the aggregate price level, p. 414
Aggregate supply curve, p. 418
Nominal wage, p. 419
Sticky wages, p. 419
Short-run aggregate supply curve, p. 420
Long-run aggregate supply curve, p. 424
Potential output, p. 425
AD–AS model, p. 428
Short-run macroeconomic equilibrium, p. 428
Short-run equilibrium aggregate price level, p. 428
Short-run equilibrium aggregate output, p. 428
Demand shock, p. 429
Supply shock, p. 430
Stagflation, p. 431
Long-run macroeconomic equilibrium, p. 432
Recessionary gap, p. 432
Inflationary gap, p. 434
Output gap, p. 434
Self-correcting, p. 435
Stabilization policy, p. 437