2004 Free-Response Questions
The materials included in these files are intended for noncommercial use by
AP teachers for course and exam preparation; permission for any other use
must be sought from the Advanced Placement Program . Teach
Principles of Economics
The Monetary System
Look for the Answers
to These Questions:
What assets are considered money? What are the
functions of money? The types of money?
What is the Federal Reserve?
What role do banks play in