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Updated by Fabio Paron on Mar 27, 2019
Headline for AP Macroeconomics - Unit 1
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AP Macroeconomics - Unit 1

The Price Network
What could you learn about global prices if you simply paid people around the world to take photos of their stores and markets? Maybe, everything.
Is this deflation or negative inflation? Q&A

UK inflation has fallen into negative territory for the first time since 1960, producing quite a few winners (and lots of losers)

Of Kiwis and Currencies: How a 2% Inflation Target Became Global Economic Gospel

A target that started 25 years ago in New Zealand has become the gospel of governments worldwide. But critics say it leaves central banks with too little flexibility.

Has GDP outgrown its use? -

What do the price of hair-salon services in Beijing and sexual services in London have in common? The answer is that, depending on how you measure them - or indeed whether you measure them at all - the size of the Chinese and British economies will

Few in Venezuela Want Bolívars, but No One Can Spare a Dime

The country’s currency has crashed along with its economy, despite an unchanging official exchange rate, transforming economic absurdities into daily hardships.

China G.D.P. Growth at Slowest Pace Since 2009, Data Shows

The economy grew at a 6.8 percent pace in the fourth quarter, official data released Tuesday showed — the slowest expansion since March 2009.

Why Germans pay cash for almost everything

As banks, technology giants and would-be disruptors such as Square scrummage over the payment system of the future, German consumers seem perfectly happy with the payment system of the past. Germany remains one of the most cash-intensive advanced economies on earth. On average, wallets in Germany hold nearly twice as much cash—about $123 worth—as those in...

Why Are We Still Using Cash? - Freakonomics

It facilitates crime, bribery, and tax evasion – and yet some governments (including ours) are printing more cash than ever. Other countries, meanwhile, are ditching cash entirely. And if Star Trek is right, we won’t have money of any sort in the 24th century.

Financial Literacy Is Still Abysmal Everywhere

A new OECD survey of 30 countries shows few people can perform basic financial calculations or understand simple investment rules.

The Rebel Economist Who Blew Up Macroeconomics

Paul Romer says he really hadn’t planned to trash macroeconomics as a math-obsessed pseudoscience. Or infuriate countless colleagues. It just sort of happened.

UK economy is overheating and veering towards stagflation

Rising inflation may force the Bank of England to increase interest rates and put the brakes on growth

Switzerland STILL has priciest Big Macs in the world

Switzerland has the most overvalued currency in the world according to The Economist’s Big Mac Index 2017, which the alpine country tops once again.

Analysis | Millions of jobs are still missing. Don’t blame immigrants or food stamps.

Bit by bit, economists have pieced together the answer to this millennium's big economic mystery: where did all the jobs go?

5 ways GDP gets it totally wrong as a measure of our success

The beauty of gross domestic product is its single figure. It squishes all of human activity into a couple of digits, like a frog jammed into a matchbox. But this condensing is also GDP’s flaw.