Build confidence with AP Macroeconomics practice. Explore the paper preview below and use the questions to identify the skills you want to strengthen.
SECTION I: MULTIPLE CHOICE
Question 1: When an economy operates inside its production possibilities curve, it can increase production of one good
SECTION II: FREE RESPONSE
Question 1: Assume the United States economy is currently facing an inflationary gap of $500 billion, a natural rate of unemployment of 5 percent, and an actual rate of inflation of 4 percent.