AP
AP Macroeconomics
AP Macroeconomics Practice Questions
An American buys an entertainment system that was manufactured in China. How does the U.S. national income accounts treat this transaction?
Which of the following would be included in U.S. GDP calculations?
Suppose a country produces only crude oil. Which of the following statements is true based on the production and price data below?
A financial planner on a popular TV show convinces more Americans to save for retirement. What is the result on the supply and demand for loanable funds?
Suppose the reserve ratio is 0.1. If a bank gets $200 in deposits, what is the maximum amount it can lend?
Gross Domestic Product is a close approximation of
The government measures inflation using the
If global warming raises temperatures so high that snow can never again exist anywhere, snow ski instructors will experience which type of unemployment?
Long-run aggregate supply is most likely to increase as the result of
The diagram above shows data about the change in prices for a variety of goods. What happened to the CPI for this consumer from year one to year two?
Which of the following would be classified under C when calculating GDP?
Which transactions will not be counted in GDP?
Operating in the intermediate range of the aggregate supply curve, an increase in aggregate demand results in an increase in
If the marginal propensity to consume is 0.8, what is the largest total increase in GDP that can result from $500 of new spending?
Stagflation occurs when
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