Module 20 and 21 Reading Questions
1.) What are the 3 main sources of tax revenue for the federal government?
2.) Explain what government transfers are. Also, most U.S. government spending on
transfer payments is accounted for by which 3
Multiplier Problems - Show all of your work.
1.) If the desired level of GDP is $750 billion above the equilibrium level, and the
MPS is .20, what change in government spending would be necessary to achieve
the desired level of GDP?
2.) If the equi
Module 17 Reading Questions
1.) Explain the 2 effects given in the textbook that help explain the reason that the
Aggregate Demand (AD) curve is down sloping.
2.) Draw the AD curve. Label the axes. On your graph, show the direction (and
Module 16 Reading Questions
1.) The consumption function represents the relationship between what 2
2.) Describe the consumption function as a linear equation.
3.) List and briefly explain the 2 factors that cause a shift in the
Modules 12 & 13 Reading Questions
a.) Frictional Unemployment
b.) Structural unemployment
c.) Cyclical unemployment
2.) Show the formula for calculating the unemployment rate.
3.) Explain 2 ways in which the unemployment
GDP Internet Assignment
Go to www.bea.gov (website for the Bureau of Economic Analysis)
Click on the link for Gross Domestic Product
Click on the link for News Release: Gross Domestic Product
To the right, click on Full Release & Tables (PDF)
AP Macroeconomics Review Sheet
Section 3 (Modules 10-15) and Modules 42 and 43
Test on Thursday, November 15, 2012
Please make sure to bring a #2 pencil with you all the test questions are
1.) Know the definition for Gross Domestic Pr
AP MACROECONOMICS STUDY SHEET FOR THE FINAL
Module 3: Production Possibilities Curve
Module 4: Comparative Advantage
-Make sure you know the basics of supply and demand.
- Module 8 Price floors and ceilings
AP Macroeconomics Test on Monday, January 7, 2013
Loanable Funds Market pgs. 277-282
Handouts on Supply Side Economics and Classical and Keynesian Economics
The test will be 35-40 multiple choice questions
Please make sure to bring a pencil
Test on Sections 1 and 2
Thursday, October 11, 2012
PLEASE BRING A #2 PENCIL WITH YOU FOR THE MULTIPLE CHOICE
QUESTIONS. There will be 30 multiple choice questions and 2 problems on the
test. For the problems, know how to evaluate the ef
Test on Thursday, 4/25/2013
Monopoly, Oligopoly, and Monopolistic Competition
There will be multiple choice questions and a problem on Monopoly.
Monopoly Modules 61-63 and parts of Module 57
1.) Characteristics of monopoly.
2.) Know the barri
Reading Questions - Monopoly
Modules 61, 62,63 and pgs. 571-572
1.) What are the characteristics of pure monopoly?
(See table with all of the market models listed on one page.)
2.) What are the different kinds of barriers to entry that prohib
Oligopoly Reading Questions
Modules 64, 65 and 66
1.) List 5 characteristics of oligopoly.
2.) Explain what it means that firms in an oligopolistic industry are mutually
3.) Give at least 3 examples of oligopolistic industri
S China imports
from U.S. (U.S. exports)
S U.S. imports
from China (China
D U.S. imports from
China (China exports)
from U.S. (U.S. exports)
1.) China imports from U.S. : C
Gross Domestic Product (GDP) market value of all final
goods and services produced in an economy during a
given period, usually a year.
In 2009, the GDP of the U.S. was $14.26 trillion, or
$46,372 per person.
3 different ways to calculate GDP:
1.) Value A