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AP Macroeconomics Study Guide and Practice Questions

Free ap macroeconomics exam practice questions to pass ap macroeconomics exam sample questions. For free online ap macroeconomics training sample questions you must go through real exam. For that we provide ap macroeconomics exam practice questions real test. We discuss in these Advanced Placement (AP) Macroeconomics from different topics like ap macroeconomics online course, ap macroeconomics review course online .

ap macroeconomics exam questions free download

In this test you have to answer ap macroeconomics review course individual self study. To get pass ap macroeconomics certification exam you must answers correct. So Enjoy these ap macroeconomics preparation course to get enough knowledge for ap macroeconomics book pdf attempt. You will get mock test answers after click submit button at bottom. If any question wrong just click on go back button to correct it. Easy Na!

AP Macroeconomics Questions And Answers Download

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Q:1-How does an increase in imports affect a nation's GDP?
Mark one answer:
An increase in imports does not affect a nation's GDP.
An increase in imports raises a nation's GDP.
An increase in imports decreases a nation's GDP.

Q:2-Country A can produce 10 cars or 5 computers. Country B can produce 6 cars or 4 computers.
Which country has the absolute advantage in producing computers?
Mark one answer:
Impossible to determine with the information given.
Country A
Country B
Neither country has the absolute advantage in producing computers.

Q:3-Country A can produce 10 cars or 5 computers. Country B can produce 6 cars or 4 computers.
Which country has the comparative advantage in producing computers?
Mark one answer:
Impossible to determine
Country A
Neither country has the comparative advantage in producing computers.
Country B

Q:4-Of structural, frictional, and cyclical unemployments, what type of unemployment is seen as the most harmful to a society?
Mark one answer:
Cyclical
Structural
Frictional
None of these answers

Q:5-Which of these is a negative aspect of a law mandating a balanced budget?
Mark one answer:
It is pro-cyclical (makes the business cycle more severe)
It leads to increasingly high taxes.
It leads to fluctuating tax rates.
It creates excess funds for public projects.

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Q:6-If a bushel of wheat is 12 pesos in Mexico, how many bushels in Mexico could $1200 buy?
Mark one answer:
800 bushels
400 bushels
1000 bushels
1800 bushels

Q:7-A depreciation in the value of a nation's currency will lead to what?
Mark one answer:
Higher exports
Higher imports
An increase in wages
An increase in tax revenue

Q:8-A country with a high rate of return on investments will likely see which of the following?
Mark one answer:
Currency depreciates in value
Currency appreciates in value
Exports increase
Increase in emigration

Q:9-A consumer who discounts future payments at a rate of 10% per year will be willing to pay what amount for an asset that will pay $5000 in 3 years?
Mark one answer:
$4545.45
$3756.57
$5000
$4132.23

Q:10-Deflation, the increase in value of a currency over time, is much rarer than inflation. Although it can seem like a good thing, what is a problem caused by deflation?
Mark one answer:
It causes the value of debt to increase over time, harming borrowers.
Consumers' purchasing power increases.
Wages decrease faster than prices.
Savings are worth more.


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